Important factors that change the demand for dollars and hence shift the demand curve for dollars include which of the following?

When part of the quantity of money is held in currency, then

A) a currency drain occurs. B) there is a higher level of excess reserves. C) the money multiplier will increase in value. D) the Fed will find it beneficial to increase the discount rate.

A consumer purchases a book by driving across town to a bookstore, standing in line for five minutes to pay the cashier, and then pays $5. The same book is purchased by another consumer who spends 2 minutes placing the order over the Internet for $10. The book necessarily cost the first consumer less

Indicate whether the statement is true or false