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Digital Payments and the Vanishing Role of Cash

Digital Payments and the Vanishing Role of Cash

Today, most consumers rarely use cash at all and rely solely on credit cards, debit cards, or digital payment apps on their smartphones. What are the economic implications of becoming a cashless society?...
5 min read
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Questions

The_multiplier

Saddique Ansari • January 29, 2020 • 1 min read

Author bio

The multiplier

Question

What happens to national income, assuming the mpc is 0.75, if firms decide to reducing investment by £2b?

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Can customer reviews on Google, Amazon, Walmart, Target, and other sites replace the need for some government regulations?

Platform Ratings as Informal Regulation

Today, consumers can get tremendous volumes of information about the products they want to buy, thanks to online reviews. Could customer reviews reduce the need for government regulation? What are the economic effects of the myriad of online reviews out there for every good and service?...
4 min read

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