Which of the Following Is a Potential Problem with Ecash

question 84

Multiple Choice

Which of the following is a potential problem with ecash?

• A) Hackers may break in.
• B) Regulation and control are virtually non-existent.
• C) There is no protection like that which covers government-controlled money systems.
• D) A computer crash could wipe out an account forever.
• E) All of these are potential problems.

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Definitions:

Total Real Output

The total value of all goods and services produced within a country adjusted for inflation or deflation.

Long-Term Growth

A process where the productive capacity of an economy increases over a long period, typically accompanied by higher living standards.

Economic Fluctuations

The ups and downs in economic activity, characterized by periods of expansion and contraction in GDP and other economic indicators.

Production Possibilities Curve

A graphical representation that shows the maximum quantity of one good that can be produced for every possible level of production of another good, assuming a fixed amount of resources.