MC34. What is the potential impact of CBDCs on the banking system?
A. CBDCs could lead to the disintermediation of the banking system.
B. CBDCs could have no impact on the banking system.
C. CBDCs could lead to increased competition among banks.
D. CBDCs could lead to increased profits for banks.
Answer:A
MC34. What is the potential impact of CBDCs on the banking system?
A. CBDCs could lead to the disintermediation of the banking system. B. CBDCs could have no impact on the banking system. C. CBDCs could lead to increased competition among banks. D. CBDCs could lead to increased profits for banks.
Explanation: CBDCs could potentially lead to the disintermediation of the banking system by allowing individuals to hold accounts directly with the central bank. This could reduce the need for traditional banks