Question
47. Which of the following is NOT true about Bitcoin? (A) BTC mining requires computing infrastructure and electrical power. (B) BTC owners have a private
47. Which of the following is NOT true about Bitcoin? (A) BTC mining requires computing infrastructure and electrical power.
(B) BTC owners have a private key and a public key. (C) BTC's price has been historically volatile. (D) BTC can be properly owned via a coin exchange.
48. Suppose that a $1,000 face-value bond with a 5% coupon rate sells for $1,250. What is the yield on the bond?
(A) 3%.
(B) 4%.
(C) 5%.
(D) 6.75%.
49. Why is 'fiat money,' such as paper cash, not actually money? (A) It is not gold. (B) It is not a medium of exchange. (C) It is not a unit of account.
(D) It is not a store of value.
50. Suppose that the Bank of Canada sets the Overnight Rate Target at 5%. What is the Bank Rate?
(A) 5.5%.
(B) 5.25%.
(C) 5%.
(D) 4.75%.
51. Which of the following is consistent with the goals of the Great Reset?
(A) Organic, pasture-fed meat. (B) LGBT rights. (C) Central Bank Digital Currency.
(D) Online privacy and security.
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