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The Demand for Money Is Higher in Japan Than in the United

Question 44

Multiple Choice

The demand for money is higher in Japan than in the United States because:


A) telecommunications and information technology is more advanced in the United States than in Japan.
B) Japanese consumers use credit cards more than people in the United States.
C) Japanese interest rates are higher than those in the United States.
D) Japanese interest rates are lower than those in the United States.

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