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:

Apex

The uppermost part of something, often referring to the tip, peak, or summit.

Cilia

Microscopic, hair-like structures on the surface of cells that move rhythmically to propel substances or cells.

Lateral

Positioned on or relating to the side of an organism or structure.

Proximal

Situated nearer to the center of the body or the point of attachment.