All other factors equal, if the costs of converting bonds and other financial securities to a means of payment increase:

A. it shouldn't impact the transactions demand for money.
B. nominal interest rates should decrease.
C. the transactions demand for money should increase.
D. the transactions demand for money should decrease.


Answer: C

Economics

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A) marginal private cost; marginal social benefit B) marginal social benefit; marginal social cost C) marginal private benefit; marginal social benefit D) total social benefit; total social cost

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Indicate whether the statement is true or false

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Economics