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If the Federal Reserve Decided to Include Virtual Money Like

question 143

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If the Federal Reserve decided to include virtual money like Bitcoins in its measure of the money supply,what would be the effect on M1 or M2?


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Chemical Plant

An industrial facility where chemical processes are carried out, especially the manufacture of chemicals or pharmaceuticals.

Corporate Veil

A legal concept that separates the personality of a corporation from the personalities of its shareholders, protecting them from personal liability for the corporation's debts and obligations.

Burwell v. Hobby Lobby

A landmark U.S. Supreme Court case that allowed closely held for-profit corporations to be exempt from regulations its owners religiously object to, if there is a less restrictive means of furthering the law's interest.

Supreme Court

The highest federal court in the United States, responsible for interpreting the Constitution and reviewing cases of national significance.

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