Which of the Following Would Lead to a Rightward Shift

question 82

Multiple Choice

Which of the following would lead to a rightward shift of the money demand curve?

• A) Expectations that the interest rate will fall
• B) New substitutes for money become popular
• C) The use of electronic money increases
• D) Substitutes for money become less popular
• E) The use of credit cards increases.

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Definitions:

Accounts Receivable Control

Practices and procedures in place to monitor and manage the amounts owed to a business by its customers for goods or services delivered on credit.

Subsidiary Ledger

A detailed ledger that contains supporting information for a main accounting ledger, often used for accounts receivable or accounts payable.

Cash Receipts Journal

An accounting ledger in which all cash inflows or receipts are recorded.

Accounts Payable Subsidiary

A detailed ledger containing all individual creditor accounts, supporting the summary-level accounts payable figure in the general ledger.