The ATM model of the demand for cash is a
A)general-equilibrium model.
B)steady state model.
C)partial-equilibrium model.
D)no-equilibrium model.

Question

Quizplus · Accepted Answer

The ATM model of demand for cash is a partial-equilibrium model because it focuses only on the demand for cash from ATMs and does not take into account the broader market or economy. It considers only a specific market and doesn't compare it with other markets.

The ATM Model of the Demand for Cash Is a