What effect do purchases of virtual items with virtual currencies have on a nation's monetary base, M2
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
Monetary base 0 because virtual currency purchases have no effect on curren...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Managing in a Global Economy Demystifying International Macroeconomics
ISBN: 978-1285055428
2nd edition
Authors: John E. Marthinsen
Question Posted:
Students also viewed these Economics questions
-
What effect does the purchase of virtual currencies have on a nation's monetary base, M2 money supply, and M2 money multiplier?
-
How do players purchase virtual goods? Identify three virtual currencies and their value in U.S. dollars. Who would pay $330,000 for a virtual space station? Or $100,000 for an asteroid space resort?...
-
Donna Jamison, a 2003 graduate of the University of Florida with 4 years of banking experience, was recently brought in as assistant to the chairperson of the board of DLeon Inc., a small food...
-
An important part of the customer service responsibilities of a cable company relates to the speed with which trouble in service can be repaired. Historically, the data show that the likelihood is...
-
Explain how a decrease in setup time can lead to a decrease in the average amount of inventory a firm holds, and why that would be beneficial.
-
Determine the maximum allowable load P that can be safely supported by the frame if t = 1.25 in. and b = 3.5 in. The wood has a normal failure stress of Ï fail = 6 ksi, and a shear failure...
-
The sack of cement has a weight of \(90 \mathrm{lb}\). If it is dropped from rest at a height of \(h=4 \mathrm{ft}\) onto the center of the W10 \(\times 39\) structural steel A-36 beam, determine the...
-
Stromski Company is considering a capital investment of $150,000 in additional productive facilities. The new machinery is expected to have a useful life of 5 years with no salvage value ....
-
The Population of Palatine is growing exponentially according to the function P(t)=37e0.015 where "t" is the number of years since 1950 and P(t) is measured in 1000's of people. a) What was the...
-
Prepare a skeleton statement of revenues, expenditures, and changes in fund balances using the headings in Illustration 2-11 (e.g., Revenues, Expenditures, and Excess (Deficiency) of Revenues over...
-
Explain the development of Zynga's and FB's relationship and the way it parallels and is different from the development of countries, such as Greece, in the EMU.
-
How are Bit coins different from VCU1, VCU2, and VCU3 currencies? How are they similar? What is the primary economic threat of Bit coins?
-
In below Problems , f (x) and its graph are given. Use the graph of f (x) to determine the following. 1. 2. (a) Where is the graph of f (x) concave up and where is it concave down? (b) Where does f...
-
Discuss Briefly the different environmental problems facing Mexico City. What is a "megacity"? What special problems must megacities, such as Mexico City, have to contend with?
-
Glendale Company sells its product at a unit price of $12.00. Unit manufacturing costs are direct materials, $2.00; direct labor, $3.00; and variable manufacturing overhead, $1.50. Total fixed...
-
The following information was taken from the accounts receivable records of Riverbed Corporation as at December 31, 2023: Outstanding Percentage Estimated Balance to be Uncollectible 0-30 days...
-
Ebbs Products, Incorporated, has a Motor Division that manufactures and sells a number of products, including a standard motor. Data concerning that motor appear below: Capacity in units 86,000...
-
Describe what the following function returns, in terms of its argument. unsigned int foo (unsigned int n) { } unsigned int m = Oxff; unsigned int maski = m | (m < < 16); unsigned int mask2 = mask1 <...
-
Plot the graphs of the given functions on semilogarithmic paper. y = 5x 3
-
Determine the center and radius of each circle. Sketch each circle. 4x 2 + 4y 2 9 = 16y
-
Return to the example in this chapters final Case Study of how a 10 percent dollar depreciation affects U.S. net foreign wealth (page 316). Show the size of the effect on foreigners net foreign...
-
We mentioned in the chapter that capital gains and losses on a countrys net foreign assets are not included in the national income measure of the current account. How would economic statisticians...
-
Using the data in the Memoranda to Table calculate the U.S. 2009 net international investment position with direct investments valued at marketprices. International Investment Position of the United...
-
Milden Company is a merchandiser that plans to sell 4 1 , 0 0 0 units during the next quarter at a selling price of $ 5 9 per unit. The company also gathered the following cost estimates for the next...
-
How do organizational learning theories, such as the learning organization concept and knowledge management practices, contribute to sustained competitive advantage and organizational resilience in...
-
Harbert, Incorporated had a beginning balance of $12,000 in its Accounts Receivable account. The ending balance of Accounts Receivable was $10,500. During the period, Harbert collects $72,000 of its...
Study smarter with the SolutionInn App