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Jim Has the Following Assets and Liabilities Which of the Following Actions Would Decrease Jim's Money Demand

question 124

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Jim has the following assets and liabilities:  Credit card balarice $2,000 Cash $500 Goverzunent bonds $2,000 Stock $5,000 Checking $750 Car loar balarice $5,000 Car $15,000\begin{array} { | l | r | } \hline \text { Credit card balarice } & \$ 2,000 \\\hline \text { Cash } & \$ 500 \\\hline \text { Goverzunent bonds } & \$ 2,000 \\\hline \text { Stock } & \$ 5,000 \\\hline \text { Checking } & \$ 750 \\\hline \text { Car loar balarice } & \$ 5,000 \\\hline \text { Car } & \$ 15,000\end{array}  
Which of the following actions would decrease Jim's money demand by $200?

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Definitions:

Department Manager

An individual responsible for overseeing a specific department within a company and managing its resources and staff.

Authority

The power or right to make decisions, give orders, and enforce obedience.

Primary Accounting Tool

Essential financial management and reporting software or methodologies used by businesses to track, analyze, and report financial transactions and performance.

Cost Centers

Departments or segments within an organization that do not directly generate revenue but incur costs, essential for budgeting and financial analysis.

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