3
QuizMultiple Choice

Banking

Question 3 of 10 • (OC27) Economics-2102310-Sem-Meadows

What would happen if currency in all countries had fewer denominations, i.e. fewer varieties of coins or numbers of bills?

Answer
A
People would be more likely to confuse the value of currencies.
B
Exchanging money between countries would be much easier.
C
People could not charge as many different prices for goods.
D
All goods would be more expensive than they currently are.
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