The changes in bank regulations expand the availability of credit cards so people need to hold less cash. Select one: a. money supply increase, money demand unchanged, interest rate decrease b. money supply decrease, money demand decrease, interest rate increase c. money supply decrease, money demand unchanged, interest rate increase d. money supply increase, money demand increase, interest rate decrease e. money supply unchanged, money demand decrease and interest rate decrease

The changes in bank regulations expand the availability of credit cards so people need to hold less cash. Select one: a. money supply increase, money demand unchanged, interest rate decrease b. money supply decrease, money demand decrease, interest rate increase c. money supply decrease, money demand unchanged, interest rate increase d. money supply increase, money demand increase, interest rate decrease e. money supply unchanged, money demand decrease and interest rate decrease

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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