Joan has the following assets and liabilities:
Which of the following actions would decrease Joan's money demand by $200?
A) Joan writes a check for $200 to purchase additional shares of stock.
B) Joan gets a $200 cash advance on his credit card and puts the proceeds in her checking account.
C) Joan writes a $200 check for cash and holds the cash.
D) Joan sells $200 worth of stocks and puts the proceeds in her checking account.
Correct Answer:
Verified
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