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If Congress Places a $5 Tax on Each ATM Transaction

Question 24

Multiple Choice

If Congress places a $5 tax on each ATM transaction, there will likely be a:


A) movement up a stationary money demand curve.
B) movement down a stationary money demand curve.
C) shift to the left of the money demand curve.
D) shift to the right of the money demand curve.

Correct Answer:

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