What is the smallest form of a bit coin called?
A. Satoshi
B. Excell
C. Nakamoto
D. coinage
Ans: A. Satoshi
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Which of the following would not interfere with market equilibria?
a. a minimum wage b. a rent control c. a non-binding price floor d. a binding price ceiling
The number of unskilled workers employed before and after an increase in the minimum wage is found to be the same. This means
Suppose Australia subsidizes its wine exports. Which one of the following groups will benefit from this policy?
A. Australian wine consumers B. Australian taxpayers C. American wine producers D. American wine consumers
Which one of the following is a function of the Federal Reserve System?
A) providing the economy with currency B) serving as a lender of last resort C) providing a system for check clearing D) all of the above