Developments in the United States, such as credit cards, debit cards, ATMs, and online banking have:

A. increased the supply of money.
B. increased the demand for money.
C. had no impact on the supply or demand for money.
D. decreased the demand for money.


Answer: D

Economics

You might also like to view...

Joe has been unable to find a job because he lacks the necessary computer skills. Joe is

A) cyclically unemployed. B) skill-set unemployed. C) frictionally unemployed. D) structurally unemployed. E) educationally unemployed.

Economics

A major drawback of the Keynesian approach to macroeconomic equilibrium is the assumption that the supply of goods and services in the economy always adjusts to aggregate expenditures

a. True b. False Indicate whether the statement is true or false

Economics

In order to change the money supply, the Fed might use all of the following tools except:

A. open market operations. B. discount window. C. reserve requirement. D. deficit spending.

Economics

What is the difference between the demand curve for a resource under pure competition and under imperfect competition?

What will be an ideal response?

Economics