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Economics (AS & A Level) · Feb / March 2024 · Paper 32 · Question 16

9708Money and banking

Which change is likely to result in a decrease in the demand for money?

  1. Aa decrease in the use of credit cards by consumers
  2. Ba switch from monthly to weekly payments of wages
  3. Ca decrease in interest rates
  4. Dan increase in the perceived risks involved in holding government bonds

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Correct answer: B. a switch from monthly to weekly payments of wages

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