Which of the following would be expected to decrease the demand for money in the U.S.?
A. The economy enters a boom period.
B. Grocery stores begin to accept credit cards in payment.
C. Political instability increases dramatically in developing nations.
D. Households fear increasing computer glitches will severely limit their ability to use ATMs.
Answer: B
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Explain how a government budget deficit might crowd out private investment
What will be an ideal response?
Which of the following is a recommended strategy to increase productivity of the private sector?
a. A reduction in government subsidies to producers b. An increase in business taxes c. An increase in government investment in risky projects d. An increase in the money supply e. An increase in subsidy on goods and services
Globalization is becoming more of a worldwide phenomenon because
a. more countries want to become self-sufficient. b. less-developed countries are increasing their trade restrictions. c. technological advancements are decreasing transportation costs. d. trade hurts workers in poor countries.
Refer to the table shown. If the output of bicycles is 4 per week, the average cost of producing each bicycle is:Output(bicycles per week)Total cost (dollars)110022003310444055806730790081,200
A. $140. B. $100. C. $110. D. $120.