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21. Which of the following statements is FALSE? (A) Bitcoin transactions are recorded on a blockchain. (B) Silver is more liquid than real estate. (C)

21. Which of the following statements is FALSE? (A) Bitcoin transactions are recorded on a blockchain. (B) Silver is more liquid than real estate. (C) A bonds yield is not inversely related to its price. (D) Labour unions can cause unemployment.

22. A giant cat leaps in front of your jeep, while it is raining outside. Your friend, sitting beside you, warns you not to move, since the cat can sense movement. However, you are stupid and need to vape, so you take a few draws from your Juul you just couldnt control yourself, could you!?1 Simp. The cat grabs you and eyes you up and down while licking her lips. Before the cat eats you, she yells, The optimal rate of unemployment is zero! Why is the cat wrong? (A) Because shes a cat, and everyone knows that sigma males are just incels who convince themselves theyre Chad. (B) In a Dynamic Stochastic General Equilibrium framework, the initial parameters of unemployment are never set to zero, since that makes no sense within such a paradigm. (C) So-called tight central bank policy never allows unemployment to be zero. (D) Structural and frictional unemployment can benefit the economy.

23. You intend to purchase a giant statue of He-Man, but the vendor only takes cash. You go to the bank, but they tell you that they do not have your money on hand. Whats going on?2 (A) The bank borrowed at a rate above the Bank Rate. (B) The bank teller is in the back, updating his OnlyFans. This kind of exclusive content cannot be seen anywhere else. (C) The banks reserves are drained. (D) The bank has adopted full-reserve banking

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