Multiple Choice
In the ATM model, the demand for money depends on
A) the nominal interest rate and the money supply.
B) the nominal interest rate and the ongoing rate of inflation.
C) the nominal interest rate, the cost of obtaining cash, the probability of loss or theft, and the money supply.
D) the nominal interest rate, the cost of obtaining cash, the probability of loss or theft, and the amount of spending.
Correct Answer:

Verified
Correct Answer:
Verified
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