SlideShare a Scribd company logo
1 of 1
Download to read offline
D Question 11 1 pts A fundamental feature of money that BitCoin fulfills is that it is a O store of
value Government backed and controlled currency fiat currency Medium of exchange DQuestion
12 1 pts According to FA Hayak (Macro Follies) and like- minded economists, "If Prosperity is
the goal, the best thing you can do is O Spend O Borrow Save ? Stimulate
Solution
11. Medium of exchange
Bitcoin fulfils the criterion “medium of exchange” as a rising number of merchants accept it as
payment. On the other hand, it performs below par as a unit of account as well as a store of
value.
12. Save (he argued > we must save over time > be more conservative with spending)

More Related Content

More from feelinggifts

The capillaries at the alveoli Form a respiratory membrane Are spe.pdf
The capillaries at the alveoli  Form a respiratory membrane  Are spe.pdfThe capillaries at the alveoli  Form a respiratory membrane  Are spe.pdf
The capillaries at the alveoli Form a respiratory membrane Are spe.pdf
feelinggifts
 
Select the word or phrase which best matches the description of it..pdf
Select the word or phrase which best matches the description of it..pdfSelect the word or phrase which best matches the description of it..pdf
Select the word or phrase which best matches the description of it..pdf
feelinggifts
 
Read Case Study Room 406 and answer the following questions in 2.pdf
Read Case Study Room 406 and answer the following questions in 2.pdfRead Case Study Room 406 and answer the following questions in 2.pdf
Read Case Study Room 406 and answer the following questions in 2.pdf
feelinggifts
 
QUESTION 1A business system is a(n)A.collection of operations .pdf
QUESTION 1A business system is a(n)A.collection of operations .pdfQUESTION 1A business system is a(n)A.collection of operations .pdf
QUESTION 1A business system is a(n)A.collection of operations .pdf
feelinggifts
 
Please comment for these two separate answers.These two separate a.pdf
Please comment for these two separate answers.These two separate a.pdfPlease comment for these two separate answers.These two separate a.pdf
Please comment for these two separate answers.These two separate a.pdf
feelinggifts
 
Need help with questions 2-4. Write assembly code to find absolute v.pdf
Need help with questions 2-4. Write assembly code to find absolute v.pdfNeed help with questions 2-4. Write assembly code to find absolute v.pdf
Need help with questions 2-4. Write assembly code to find absolute v.pdf
feelinggifts
 
Merge Sort java with a few details, please include comments if possi.pdf
Merge Sort java with a few details, please include comments if possi.pdfMerge Sort java with a few details, please include comments if possi.pdf
Merge Sort java with a few details, please include comments if possi.pdf
feelinggifts
 
Introduction You implemented a Deck class in Activity 2. This cla.pdf
Introduction You implemented a Deck class in Activity 2. This cla.pdfIntroduction You implemented a Deck class in Activity 2. This cla.pdf
Introduction You implemented a Deck class in Activity 2. This cla.pdf
feelinggifts
 

More from feelinggifts (20)

Which of the following is not a function of interest groups A. to i.pdf
Which of the following is not a function of interest groups A. to i.pdfWhich of the following is not a function of interest groups A. to i.pdf
Which of the following is not a function of interest groups A. to i.pdf
 
When explaining civil law one would say that it is concemed with disp.pdf
When explaining civil law one would say that it is concemed with disp.pdfWhen explaining civil law one would say that it is concemed with disp.pdf
When explaining civil law one would say that it is concemed with disp.pdf
 
What is the difference between a short and long branchSolution.pdf
What is the difference between a short and long branchSolution.pdfWhat is the difference between a short and long branchSolution.pdf
What is the difference between a short and long branchSolution.pdf
 
What is the maximum file size in a FAT32 systemSolutionFirst .pdf
What is the maximum file size in a FAT32 systemSolutionFirst .pdfWhat is the maximum file size in a FAT32 systemSolutionFirst .pdf
What is the maximum file size in a FAT32 systemSolutionFirst .pdf
 
View transaction list Journal entry worksheet The company paid $510 c.pdf
View transaction list Journal entry worksheet The company paid $510 c.pdfView transaction list Journal entry worksheet The company paid $510 c.pdf
View transaction list Journal entry worksheet The company paid $510 c.pdf
 
The numeric data types in C++ can be broken into two general categori.pdf
The numeric data types in C++ can be broken into two general categori.pdfThe numeric data types in C++ can be broken into two general categori.pdf
The numeric data types in C++ can be broken into two general categori.pdf
 
The capillaries at the alveoli Form a respiratory membrane Are spe.pdf
The capillaries at the alveoli  Form a respiratory membrane  Are spe.pdfThe capillaries at the alveoli  Form a respiratory membrane  Are spe.pdf
The capillaries at the alveoli Form a respiratory membrane Are spe.pdf
 
Select the word or phrase which best matches the description of it..pdf
Select the word or phrase which best matches the description of it..pdfSelect the word or phrase which best matches the description of it..pdf
Select the word or phrase which best matches the description of it..pdf
 
Robin Hood has hired you as his new Strategic Consultant to help him.pdf
Robin Hood has hired you as his new Strategic Consultant to help him.pdfRobin Hood has hired you as his new Strategic Consultant to help him.pdf
Robin Hood has hired you as his new Strategic Consultant to help him.pdf
 
Research indicates that online news seekers tend to access topics of.pdf
Research indicates that online news seekers tend to access topics of.pdfResearch indicates that online news seekers tend to access topics of.pdf
Research indicates that online news seekers tend to access topics of.pdf
 
Read Case Study Room 406 and answer the following questions in 2.pdf
Read Case Study Room 406 and answer the following questions in 2.pdfRead Case Study Room 406 and answer the following questions in 2.pdf
Read Case Study Room 406 and answer the following questions in 2.pdf
 
QUESTION 1A business system is a(n)A.collection of operations .pdf
QUESTION 1A business system is a(n)A.collection of operations .pdfQUESTION 1A business system is a(n)A.collection of operations .pdf
QUESTION 1A business system is a(n)A.collection of operations .pdf
 
Please comment for these two separate answers.These two separate a.pdf
Please comment for these two separate answers.These two separate a.pdfPlease comment for these two separate answers.These two separate a.pdf
Please comment for these two separate answers.These two separate a.pdf
 
Need help with questions 2-4. Write assembly code to find absolute v.pdf
Need help with questions 2-4. Write assembly code to find absolute v.pdfNeed help with questions 2-4. Write assembly code to find absolute v.pdf
Need help with questions 2-4. Write assembly code to find absolute v.pdf
 
MATLAB CODE Write a function with the header which calculates the p.pdf
MATLAB CODE Write a function with the header which calculates the p.pdfMATLAB CODE Write a function with the header which calculates the p.pdf
MATLAB CODE Write a function with the header which calculates the p.pdf
 
Merge Sort java with a few details, please include comments if possi.pdf
Merge Sort java with a few details, please include comments if possi.pdfMerge Sort java with a few details, please include comments if possi.pdf
Merge Sort java with a few details, please include comments if possi.pdf
 
Introduction You implemented a Deck class in Activity 2. This cla.pdf
Introduction You implemented a Deck class in Activity 2. This cla.pdfIntroduction You implemented a Deck class in Activity 2. This cla.pdf
Introduction You implemented a Deck class in Activity 2. This cla.pdf
 
In the Hackensack river estuary wich crosses the Meadowlands, the sa.pdf
In the Hackensack river estuary wich crosses the Meadowlands, the sa.pdfIn the Hackensack river estuary wich crosses the Meadowlands, the sa.pdf
In the Hackensack river estuary wich crosses the Meadowlands, the sa.pdf
 
in javaIn Java, integer division is performed using the operato.pdf
in javaIn Java, integer division is performed using the  operato.pdfin javaIn Java, integer division is performed using the  operato.pdf
in javaIn Java, integer division is performed using the operato.pdf
 
Identify the balance sheet components of a commercial bank.Solut.pdf
Identify the balance sheet components of a commercial bank.Solut.pdfIdentify the balance sheet components of a commercial bank.Solut.pdf
Identify the balance sheet components of a commercial bank.Solut.pdf
 

Recently uploaded

Recently uploaded (20)

On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentation
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
 
Sociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning ExhibitSociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning Exhibit
 
Philosophy of china and it's charactistics
Philosophy of china and it's charactisticsPhilosophy of china and it's charactistics
Philosophy of china and it's charactistics
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & Systems
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdf
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
Tatlong Kwento ni Lola basyang-1.pdf arts
Tatlong Kwento ni Lola basyang-1.pdf artsTatlong Kwento ni Lola basyang-1.pdf arts
Tatlong Kwento ni Lola basyang-1.pdf arts
 

D Question 11 1 pts A fundamental feature of money that BitCoin fulfi.pdf

  • 1. D Question 11 1 pts A fundamental feature of money that BitCoin fulfills is that it is a O store of value Government backed and controlled currency fiat currency Medium of exchange DQuestion 12 1 pts According to FA Hayak (Macro Follies) and like- minded economists, "If Prosperity is the goal, the best thing you can do is O Spend O Borrow Save ? Stimulate Solution 11. Medium of exchange Bitcoin fulfils the criterion “medium of exchange” as a rising number of merchants accept it as payment. On the other hand, it performs below par as a unit of account as well as a store of value. 12. Save (he argued > we must save over time > be more conservative with spending)