The Introduction of Automatic Teller Machines, Which Reduces the Demand

Multiple Choice

The introduction of automatic teller machines, which reduces the demand for money, will, according to the Mundell-Fleming model with fixed exchange rates, lead to:

A) a rise in income and net exports.
B) no change in income or net exports.
C) no change in income but a rise in net exports.
D) a rise in income but no change in net exports.