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. Political instability increases dramatically in developing nations.
C. Households fear increasing computer glitches will severely limit their ability to use ATMs.
D. Grocery stores begin to accept credit cards in payment.

Answer: D

Economics

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A) theory of purchasing power parity B) law of one price C) theory of money neutrality D) quantity theory of money

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In long-run equilibrium, a monopolistically competitive firm's demand curve will be tangent to its average cost curve

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

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