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Joan Has the Following Assets and Liabilities: Which of the Following

question 9

Multiple Choice

Joan has the following assets and liabilities: Joan has the following assets and liabilities: Which of the following actions would increase Joan's money demand by $100? A) Joan writes a check for $100 to pay down her credit card balance. B) Joan writes a check for $100 to pay down her car loan balance. C) Joan pays $100 cash for a new lamp. D) Joan sells a $100 government bond and puts the proceeds in her checking account. Which of the following actions would increase Joan's money demand by $100?

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