Jim Has the Following Assets and Liabilities What Is Jim's Money Demand?
A)$500
B)$750
C)$1,250
D)$3,250

question 8

Multiple Choice

Jim has the following assets and liabilities: $\begin{array}{l|r|}\hline \text { Credit card balance } & \$ 1,000 \\\hline \text { Cash } & \$ 200 \\\hline \text { Government bonds } & \$ 3,000 \\\hline \text { Checking } & \$ 300 \\\hline \text { Car loan balance } & \$ 10,000 \\\hline \text { Car } & \$ 15,000 \\\hline\end{array}$
 
What is Jim's money demand?

• A)$500
• B)$750
• C)$1,250
• D)$3,250

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