Multiple Choice
In the ATM model of the demand for cash, if a person's daily amount of spending increases, then
A) the number of days between visits to the ATM falls and the quantity of money demanded rises.
B) the number of days between visits to the ATM rises and the quantity of money demanded falls.
C) both the number of days between visits to the ATM and the quantity of money demanded rises.
D) both the number of days between visits to the ATM and the quantity of money demanded falls.
Correct Answer:
Verified
Correct Answer:
Verified
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