Question
a) Provide three properties of money that a retail central bank digital currency (CBDC) satisfies. b) Why might an interest bearing CBDC be desirable? c)
a) Provide three properties of money that a retail central bank digital currency (CBDC) satisfies.
b) Why might an interest bearing CBDC be desirable?
c) What are two potential macroeconomic risks of issuing a CBDC?
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Macroeconomics
Authors: Michael Parkin
10th Edition
013485330X, 978-0134853307
