Solved: Why will your action have any effect on total money demand, Macroeconomics

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Why will your action have any effect on total money demand

Problem

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?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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