Virtual Currency Unit 3 (VCU3) poses a __________ risk to nations in which is it used because ___________________________
a. Low; it can be spent only in virtual worlds.
b. Low; when converted into legal tender, it has no effect on a nation's M2 money supply or monetary base.
c. Low; it does not have the potential to raise a nation's price level or threaten the nation's payment system.
d. All of the above are true.
.D
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An increase in the expected profit from new capital brings about a
A) movement down along the demand for loanable funds curve. B) movement up along the demand for loanable funds curve. C) rightward shift of the demand for loanable funds curve. D) leftward shift of the demand for loanable funds curve. E) rightward shift of the supply of loanable funds curve.
In the above table, which plan is a flat-rate tax?
A) only plan A B) only plan B C) only plan C D) both plan A and plan C
If Tim insures his car against theft, it will
A. have no effect on the likelihood that his car will be stolen. B. decrease his incentive to prevent his car from being stolen. C. decrease the likelihood that his car will be stolen. D. increase his incentive to prevent his car from being stolen.
How many Federal Reserve district banks are there in the United States?
A. 48 B. 12 C. 5 D. none of these