The reason Bitcoin's growth rate is very similar to Milton Friedman's k-percent rule is because:
a. Bitcoin has no control over the virtual currency's growth rate. Rather, its growth depends on how quickly individuals and merchants use and accept the currency.
b. It is not tied to any nation's business cycle.
c. Bitcoins are programmed to increase at the same rate as the world's real GDP.
d. All of these statements are true.
Question 2 - Which country has stricter insider trading laws?
a. Germany
b. Japan
c. France
d. United States
e. Indonesia
Question 3 - Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and reserve-related (central bank) transactions in the context of the Three-Sector-Model?
a. The quantity of real loanable funds per time period falls, and reserve-related (central bank) transactions remain the same.
b. The quantity of real loanable funds per time period falls, and reserve-related (central bank) transactions become more negative (or less positive).
c. The quantity of real loanable funds per time period rises, and reserve-related (central bank) transactions remain the same.
d. There is not enough information to determine what happens to these two macroeconomic variables.
e. The quantity of real loanable funds per time period falls, and reserve-related (central bank) transactions become more positive (or less negative).
Question 4 - Which of the following statements is not true?
a. The rate at which Bitcoins grow is very similar to Milton Friedman's k-percent rule.
b. Bitcoins can be bought, traded, and earned by solving a time-consuming computer algorithm.
c. Bitcoins are becoming more widely accepted by real-world merchants.
d. All of these statements are true. None is false.
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