Virtual currencies are threats to a nation's economy if they endanger the country's:
a. Price and financial stability.
b. Payment system.
c. End users.
d. All of the above
.D
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Fast Ink wants to prevent Jet Ink from entering the ink market. If Fast Ink expands its capacity, the expansion can lead to all of the following except which one?
A) decrease Fast Ink's profit-maximizing quantity B) increase Fast Ink's profit-maximizing quantity C) decrease Fast Ink's marginal cost D) decrease Fast Ink's profit-maximizing price
A situation in which a worker can be hired without being in a union but has to join a union after a specified period of time is a
A) closed shop. B) union shop. C) open shop. D) restricted shop.
If an economy is experiencing a recession, the Keynesian approach to achieving full employment is to:
A. Use various supply-side options, such as deregulation. B. Decrease the growth of the money supply. C. Do nothing. D. Employ expansionary fiscal policy.
Imposing tariffs in cases of dumping
A) is allowed under the WTO agreement. B) is not allowed under the WTO agreement. C) is not addressed by the WTO agreement. D) has never occurred, even though it is allowed under the WTO agreement.