Which of the following is true about the Bitcoin:
a. Bitcoin transactions are not cleared through clearing houses, such as Mt. Gox.
b. Bitcoin has a fixed exchange rate relative to the U.S. dollar and other currencies.
c. A Bitcoin can be purchased and sold via foreign exchange dealers, just like the dollar or euro.
d. Bitcoin transactions are highly visible and, therefore, taxable events.
.A
Economics
You might also like to view...
Refer to Scenario 10.9. What is the profit maximizing level of output?
A) 0 B) 30 C) 45 D) 60 E) none of the above
Economics
The Coffee Nook, a small cafe near campus, sells cappuccinos for $2.50 and Russian tea cakes for $1.00 each. What is the opportunity cost of buying a cappuccino?
A) 2 1/2 Russian tea cakes B) 2/5 of a Russian tea cake C) $2.50 D) $1.00
Economics