The conversation between human and AI assistant.
How will the banning of Rs. 500 and Rs. 1000 notes affect the economy?
How about the impact on small businesses?
The impact on small businesses is likely to be negative, as they may face immediate cash flow issues due to the sudden ban. This may lead to a slowdown of economic activity especially in the rural sector where cash transactions are high. However, on the positive side, it may encourage more small businesses to move towards digital transactions, which may benefit them in the long run.