Virtual currency unit 1 (VCU1) is poses a __________ risk to nations in which is it used because ___________________________
a. High; it can be used directly by end users to buy goods and services.
b. High, it weakens central banks' abilities to control their monetary bases.
c. Low; it can be earned and spent only in virtual worlds.
d. Low; purchases and sales of VCU1 change only modestly a nation's monetary base.
e. High; it is capable of causing dramatic changes in a nation's M2 money multiplier.
.C
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A) The demand curve for new books shifts to the right. B) The supply curve for new books shifts to the left. C) The demand curve for new books shifts to the left. D) The supply curve for new books shifts to the right.
Why does inflation make nominal GDP a poor measure of the increase in total production from one year to the next?
What will be an ideal response?