Improvements in Information Technology Have

question 256

Multiple Choice

Improvements in information technology have:

• A) shifted the demand for cash to the right.
• B) decreased the demand for money.
• C) not affected the demand for money.
• D) increased the demand for money.

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Definitions:

Machines

Mechanical or electronic devices operating independently or with minimal human intervention, often used in manufacturing or processing.

Knowledge

Information, understanding, or skills acquired through experience or education.

Derivative Security

A financial instrument whose value is based on the price movements of an underlying asset.

Commodity Futures Contract

A standardized contract to buy or sell a particular commodity at a predetermined price at a specified time in the future.