$1,200 in late fall or 2013 Bitcoins are globally traded virtual currency to buy
ID: 1199141 • Letter: #
Question
$1,200 in late fall or 2013 Bitcoins are globally traded virtual currency to buy and sell several merchandises. including expensive cars(testa motors in 2013 accepted Bitcoins for selling its $103K Model-S Electric Car),gold,other currencies,illegal drugs, and so on,Many investors also started trading Bitcoins against their own currency to hedge against financial uncertainty such as inerest rates and inflaction.Given this trend of Bitcoins market of digital currency and from your knowledge on the functions of moders money, it can be said that the Bitcoins are,among other,___________Explanation / Answer
5. All of the above is right answer because more taxes which will be implemented for covering the tax defecit which inturn will rise the inflation
6.more liquid or i would say most liquid
7.money market deposits like CD, FD etc
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.