If the Federal Reserve Decided to Include Virtual Money Like

question 143

Multiple Choice

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?

• A)M1 would rise.
• B)M1 would fall.
• C)M1 would rise and M2 would remain constant.
• D)M2 would rise but M1 would remain constant.

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Definitions:

Null Hypotheses

A hypothesis stating there is no significant difference or effect, often denoted as H0, serving as the default assumption to be tested.

Type I Error

An incorrect decision to reject the null hypothesis when it is true.

Entertainment

Activities, performances, or other methods of providing pleasure and relaxation to audiences or participants.

Campus

The land and buildings belonging to a university, college, or educational institution where teaching and learning occur.