A Change in Financial Technology That Reduces the Need to Hold

question 72

Multiple Choice

A change in financial technology that reduces the need to hold cash balances_{--------------------} the demand for money and _{--------------------} the equilibrium nominal interest rate.

• A)decreases; lowers
• B)decreases; raises
• C)increases; raises
• D)decreases; does not change
• E)increases; lowers

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Definitions:

Valid Measures

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Dissimilar Measures

Different methods or instruments used in research to assess or evaluate various outcomes.

Precise Wording

The careful and exact choice of words to ensure clarity and specificity in communication or research instruments.

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