Question
Read the article belowand answer the following six questions: http://www.economist.com/news/finance-and-economics/21618886-abolishing-notes-and-coins-would-bring-huge-economic-benefits-leaving-dead Question text According to the article the benefits of abolishing currency include all the below
Read the article belowand answer the following six questions:
http://www.economist.com/news/finance-and-economics/21618886-abolishing-notes-and-coins-would-bring-huge-economic-benefits-leaving-dead
Question text
According to the article the benefits of abolishing currency include all the below EXCEPT
Select one:
a.Higher tax revenues, brought about by reducing tax evasion
b.Potential reduction of criminal activities and transactions as illicit payments are easier to trace
c.Reduction of costs associated with producing currency
d.Reduction of counterfeit possibilities
e.Reduction of Seigniorage
f.Ability to address the asymmetry in current monetary policy
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