Economics (7th Edition) (What's New in Economics)
Economics (7th Edition) (What's New in Economics)
7th Edition
ISBN: 9780134738321
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 25, Problem 25.2.3PA

Subpart (a):

To determine

Identifying M1 or M2 money supply.

Subpart (b):

To determine

Identifying M1 or M2 money supply.

Subpart (c):

To determine

Identifying M1 or M2 money supply.

Subpart (d):

To determine

Identifying M1 or M2 money supply.

Subpart (e):

To determine

Identifying M1 or M2 money supply.

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1. find and cite two recent articles in a magazine or newspaper or on a website about bitcoin and in your own words post two thoughts about what you learned and understood about bitcoin from those articles 2. Do you think bitcoin is money? If yes, why? If not, why not? Think about what makes anything money 3. respond to at least one of your colleagues' posts in a thoughtful, productive way 4. refer to the rubric posted below to understand how the posts are graded
For the following list of items, indicate if they are in M1, M2, or neither: a. Your $5,000 line of credit on your Bank of America card b. $50 dollars’ worth of traveler’s checks you have not used yet c. $1 in quarters in your pocket d. $1200 in your checking account e. $2000 you have in a money market account
Explain why credit cards are not considered as money.
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