Please give me some long term disadvantages of demonetisation
Dear student,
According to some experts the following would be probable long term disadvantages of demonetisation:
According to some experts the following would be probable long term disadvantages of demonetisation:
- Fall in GDP
- Fall in demand and income
- Shortage of cash will affect those at the margin
- Demonetisation will affect only a part of black money and corruption
- Loss of faith of public towards currency