Which reason is NOT one for which the Japanese tend to keep large amounts of cash?
A) Banks have invested heavily in credit card technology.
B) Japan has a low crime rate.
C) Interest rates in Japan have been below 1% since the 1990s.
D) Japan's retail sector is dominated by mom-and-pop stores that don't accept credit cards.

Question

Quizplus · Accepted Answer

If banks have invested heavily in credit card technology, it would be a reason for the Japanese to use credit cards rather than keep cash, not the opposite. The other choices (B, C, D) are all reasons why the Japanese tend to keep large amounts of cash.

Which Reason Is NOT One for Which the Japanese Tend