Every Year More and More Purchases Are Made with Credit

question 261

Multiple Choice

Every year more and more purchases are made with credit cards on the Internet.Given this trend,all else being equal,we would expect:

• A) the money demand curve to shift outwards.
• B) the money demand curve to shift inwards.
• C) a downward movement along a fixed money demand curve.
• D) an upward movement along a fixed money demand curve.

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