Now that fast food places such as McDonald's are accepting credit card payments, the:
A) demand for money has increased.
B) demand for money has decreased.
C) demand for money has not been affected.
D) supply of money has increased, as some cash is unused.
Correct Answer:
Verified
Q20: The interest earnings one gives up to
Q21: U.S. banks did not offer interest on
Q22: The introduction of ATMs:
A) increased the demand
Q23: If the aggregate price level doubles:
A) the
Q24: If Congress places a $5 tax on
Q26: A 30% increase in the aggregate price
Q27: The slope of the demand curve for
Q28: An increase in real aggregate spending will
Q29: A 20% increase in the aggregate price
Q30: An increase in the demand for money
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