Suppose you earn $4,800 a month and spend exactly $160 in each of the 30 days.If you deposit $1,000 into your checking account on the first day, eleventh day, and twenty-first day of the month, then your average quantity of money demanded is
A) $160.
B) $1,200.
C) $2,400.
D) $4,800.
Correct Answer:
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