Of all the virtual currency systems, VCS4 is poses the __________ risk to nations in which is it used because ___________________________
a. Highest; it is becoming more accepted and can be spent in the real world.
b. Highest; when converted into legal tender, it has the potential to increase a nation's M2 money supply.
c. Lowest; when converted into legal tender, it has only a small potential to increase a nation's M2 money supply.
d. Lowest; it does not have the potential to raise a nation's price level or threaten its payment system.
.A
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Which of the following would be considered a transaction deposit?
A) passbook savings account B) checking account C) 401(k) retirement account D) credit card account
The Lerner Index is derived from the profit-maximizing condition of a firm
Indicate whether the statement is true or false
All of the points inside a production possibilities frontier are ____; all of the points outside the production possibilities frontier are ____
a. efficient, inefficient b. optimal, irrational c. attainable, unattainable d. rational, zero-cost e. unattainable, efficient
Import-competing industries in the United States are likely to resist
A. Depreciation of the dollar. B. Devaluation of the dollar. C. Evaluation of the dollar. D. Appreciation of the dollar.