During times of high inflation people hold less cash and make more withdrawals, so banks often open new branches.

Name: During times of high inflation people hold less cash and make more withdrawals, so banks often open new branches.
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Question

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During high inflation, people tend to hold less cash as its value decreases over time. This leads to increased withdrawals of money from banks, prompting them to open new branches to meet the demand.

During Times of High Inflation People Hold Less Cash and Make