The development and heavy use of ATMs and debit cards increased:
A) reserve ratios.
B) liquidity.
C) interest rates.
D) risk.

Question

Quizplus · Accepted Answer

The development and heavy use of ATMs and debit cards increased liquidity as it made access to funds easier and more convenient for individuals, thereby increasing the overall supply of available funds in the economy. It did not affect reserve ratios, interest rates, or risk to a significant degree.

The Development and Heavy Use of ATMs and Debit Cards