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Category > Economics Posted 07 May 2017 My Price 5.00

An ATM Next to Your Apartment Building.

 

An ATM Next to Your Apartment Building. Suppose an ATM connected to your own bank is installed right next to your apartment building

a. How will this affect the average amount of currency you carry around with you?

b. If you withdraw funds at your ATM only from your checking account, will your action have any effect on total money demand?

 

 

 
 

Answers

Alpha Geek
(8)
Status NEW Posted 07 May 2017 09:05 AM My Price 5.00

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Attachments

file 1494150404-1659930_1_636297153994031254_ATM-Liquidity.xlsx preview (171 words )
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