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Economics · May / June 2021 · Paper 11 · Question 9

2281Money and banking

It is expected that consumers will use less paper money. What is the most likely reason for this?

  1. AInflation reduces the value of paper money.
  2. BMore ways of making payments will be available.
  3. COther forms of money are more durable.
  4. DPaper money will have less intrinsic value.

As printed in the paper

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Correct answer: B. More ways of making payments will be available.

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