They use the internet to pay babysitters. with no cash, Ask an Expert

Economics

Suppose that technology completely eliminates the use of cash. People buy newspapers by putting debit cards in the newspaper box. They use the Internet to pay babysitters. With no cash, does the nature of money change? Should the Federal Reserve change the definition of M1?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9438054

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