Jim Has the Following Assets and Liabilities Which of the Following Actions Would Increase Jim's Money Demand
Jim has the following assets and liabilities:
Which of the following actions would increase Jim's money demand by $200?
A) Jim writes a check for $200 to pay down his credit card balance.
B) Jim writes a check for $200 to pay down her car loan balance.
C) Jim pays $200 cash for a new lamp.
D) Jim gets a $200 cash advance on his credit card and puts the proceeds in his checking account.
Correct Answer:
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