India's Decision in Late 2016 to Withdraw from Circulation All

Multiple Choice

India's decision in late 2016 to withdraw from circulation all existing 500- and 1,000- rupee paper currency,to stop accepting the old currency,and to stop exchanging it for new currency was an attempt by policymakers to

A) eliminate all currency from the economy.
B) increase the size of the underground economy.
C) reduce corruption.
D) end hyperinflation.