Which of the following is a reason why the money demand curve might shift?
A) an increase in the interest rate
B) a change in the money supply
C) open market purchases of bonds by the Federal Reserve
D) changes in the required reserve ratio
E) new methods of making payments that replace money

Question

Quizplus · Accepted Answer

New methods of making payments that replace money can reduce the demand for money, causing the money demand curve to shift.

Which of the Following Is a Reason Why the Money