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:

Parcel of Land

A specific piece of land, defined by boundaries, that is owned or meant to be owned as a unit.

Interest

The cost of borrowing money, usually expressed as a percentage of the amount borrowed over a specific period of time.

Fee Simple Absolute

A type of freehold ownership where the owner has the greatest possible aggregation of rights, privileges, and power over a piece of property.

Ownership Interest

This denotes the rights and claims an individual or entity has over a property or investment.