Which of the following would be expected to decrease the demand for money in the U.S.?
A)Grocery stores begin to accept credit cards in payment.
B)The economy enters a boom period.
C)Political instability increases dramatically in developing nations.
D)Households fear increasing computer glitches will severely limit their ability to use ATMs.

Question

Quizplus · Accepted Answer

When alternate forms of payment emerge, like credit cards, the average person holds less money.

Which of the Following Would Be Expected to Decrease the Demand