what would happen if currency in all countries had fewer denominations, i.e. fewer varieties of coins or…

what would happen if currency in all countries had fewer denominations, i.e. fewer varieties of coins or numbers of bills?\npeople would be more likely to confuse the value of currencies.\nexchanging money between countries would be much easier.\npeople could not charge as many different prices for goods.\nall goods would be more expensive than they currently are.

what would happen if currency in all countries had fewer denominations, i.e. fewer varieties of coins or numbers of bills?\npeople would be more likely to confuse the value of currencies.\nexchanging money between countries would be much easier.\npeople could not charge as many different prices for goods.\nall goods would be more expensive than they currently are.

Answer

Brief Explanations:

With fewer denominations, there would be less flexibility in setting prices precisely. So, people could not charge as many different prices for goods. Confusion about currency value is not directly related to the number of denominations. Fewer denominations don't necessarily make international money - exchanging easier. And there's no direct link between fewer denominations and all goods becoming more expensive.

Answer:

People could not charge as many different prices for goods.