Joan Has the Following Assets and Liabilities Which of the Following Actions Would Increase Joan's Money Demand
Joan has the following assets and liabilities:
Which of the following actions would increase Joan's money demand by $100?
A) Joan writes a check for $100 to pay down her credit card balance.
B) Joan writes a check for $100 to pay down her car loan balance.
C) Joan pays $100 cash for a new lamp.
D) Joan sells a $100 government bond and puts the proceeds in her checking account.
Correct Answer:
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