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

question 124

Multiple Choice

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

• A)Jim writes a check for $200 to pay down his credit card balance.
• B)Jim sells a $200 government bond and puts the proceeds in his checking account.
• C)Jim writes a $200 check for cash and holds the cash.
• D)Jim sells $200 worth of stocks and puts the proceeds in his checking account.

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Definitions:

FIFO File

A method of handling data where the first piece of data entered is the first one to be processed or removed, similar to a queue.

False-to-true Transition

A change in state or condition from false (off or 0) to true (on or 1), often used in digital electronics or programming logic.

Shift Register

A digital memory circuit used to store and shift bits, often used in serial communication and for temporary data storage.

Sequencer Process

A control process that operates in a step-by-step manner, precisely controlling the sequence of operations or tasks, commonly used in automated systems.