'Liquidity trap' is a situation in which:

[ A ]    there is an excess of foregin exchange reserves in the economy leading to excess of money supply
[ B ]    people want to hold only cash because prices are falling everyday
[ C ]    people want to hold only. cash because there is too much of liquidity in the economy
[ D ]    the rate of interest is so low that no one wants to hold interest bearing assets and people wants to hold cash right
Answer : Option D
Explanation :