MC8. Which of the following is a potential disadvantage of a wholesale CBDC?
A. Increased financial inclusion
B. Reduced liquidity
C. Higher transaction costs
D. Decreased security
Answer:B
MC8. Which of the following is a potential disadvantage of a wholesale CBDC?
A. Increased financial inclusion B. Reduced liquidity C. Higher transaction costs D. Decreased security
Explanation: Wholesale CBDCs are intended for use by financial institutions rather than the general public, which may reduce liquidity compared to retail CBDCs that are accessible to everyone.