The conversation between human and AI assistant.
How will the demonetization of Rs 500/1000 notes finish the black money in the market exactly?
How long do you think it will take for the effects of demonetization to be felt in the economy?
The effects of demonetization can be felt in the short term, as people with black money may rush to exchange or deposit it in banks. In the long term, the effects may take longer to manifest as the economy adjusts to the changes. It is also important to note that demonetization is not a standalone solution and should be supplemented with other policies to effectively address the issue of black money.