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4.4.1 Role of financial markets

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Question 10

Local complementary currencies, such as the regional 'Eco-Pound', are designed to support local independent businesses and keep transactions within a specific geographic community.

Which one of the following changes would be most likely to cause a currency to lose its acceptability as a medium of exchange?

It is made from more durable composite materials

Its supply is increased at an uncontrollable rate

It is issued in a wider range of smaller denominations

It is integrated into secure digital mobile wallets

4.4.1 Role of financial markets Questions

  1. A Level
  2. /Economics
  3. /4.4.1 Role of financial markets