1.After reading the article how cryptocurrency is affecting the words economy? (300 words) https://www.aier.org/article/cryptocurrencies-are-here-to-stay/
2. After watching the video in an essay no less than 300 words explain how banks create money.
https://www.youtube.com/watch?v=sHqffKJT1ik
3. Explain Greshams Law
4. Explain the differences between commodity money and fiat money. What are the major disadvantages of commodity money?
5.Why is the money multiplier considered to be a potential multiplier rather than an indication of exactly how much multiplication should be expected?

Leave a Reply

Your email address will not be published. Required fields are marked *