Joan has the following assets and liabilities: 
Which of the following actions would increase Joan's money demand by $100?
A) Joan writes a check for $100 to pay down her credit card balance.
B) Joan writes a check for $100 to pay down her car loan balance.
C) Joan pays $100 cash for a new lamp.
D) Joan sells a $100 government bond and puts the proceeds in her checking account.
Correct Answer:
Verified
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