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CAN I GET IN 30 MINUTES ????? ............ PLEASE HELP ........... (c ) Suppose nonbank payment service providers like Grab e-Wallet can issue their own

CAN I GET IN 30 MINUTES ????? ............ PLEASE HELP ...........image text in transcribed

(c ) Suppose nonbank payment service providers like Grab e-Wallet can issue their own claims, which we call inside money, entitling the bearer of the note to RM1 for each unit of Grab coin (imagine that you have claims of 100 Grab coins that is equivalent to RM100 in your eWallet). (i) Under what condition such inside money would be inflationary? (10 marks) (c ) Suppose nonbank payment service providers like Grab e-Wallet can issue their own claims, which we call inside money, entitling the bearer of the note to RM1 for each unit of Grab coin (imagine that you have claims of 100 Grab coins that is equivalent to RM100 in your eWallet). (i) Under what condition such inside money would be inflationary? (10 marks)

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