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Which statement correctly describes inflation ? Inflation is when the value of cash falls because prices are increasing Inflation is when the value of cash
- Which statement correctly describes inflation ?
- Inflation is when the value of cash falls because prices are increasing
- Inflation is when the value of cash increases because the prices are decreasing
- Inflation is primarily caused by the decrease in the money supply
- Inflation does not cause any problems to a countrys economy
- The US Federal Reserve generally sets an inflation target of about 5%
- Mobile payments have completely taken over the way consumers make purchases in China. Which two companies are responsible for 92% of these mobile payment transactions ?
- Tencent and Worldpay
- Ant Financial and Worldpay
- Tencent and Ant Financial
- Ant Financial and Paypal
- Paypal and Worldpay
- In the banking industry, innovation is often inhibited by which of the following ?
- Regulation
- Competition
- Lack of demand
- Artificial Intelligence
- None of the above
- The Critical elements of reform grounded in first principles include all but which ?
- Principles-based, data-driven supervision
- Digitally native regulation
- Machine-executable regulation
- AML network monitoring
- Ridig adherence to pre-existing rules and regulations
- Why would a central bank perceive bitcoin or any other crypto currency to be a risk :
- You can use it at every store in America
- It can compete with fiat currencies because it can be used globally
- It cannot be hacked or stolen
- It is not volatile
- All of the above
Please help me answer all question. Please do not answer one question. Thanks a lot
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