US Banks Did Not Offer Interest on Checking Accounts Until

U.S. banks did not offer interest on checking accounts until the beginning of the 1980s. Then banking regulations changed, allowing banks to pay interest on checking account funds. As a result, the _____ money _____ and shifted the money demand curve to the _____.

A) supply of; fell; left
B) demand for; fell; left
C) demand for; rose; right
D) supply of; rose; right

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