Suppose That as Sales of Goods Shift from Bricks-And-Mortar Stores

Multiple Choice

Suppose that as sales of goods shift from bricks-and-mortar stores to the internet,the transactions demand for cash declines. Then in the absence of any other changes,

A) the IS curve shifts outward
B) the LM curve shifts inward
C) the velocity of money will adjust to keep GDP constant
D) interest rates will fall and GDP will increase
E) interest rates will rise and investment will decline