n contrast to currencies that have been declared to be a legal tender by a nation's government,

Fantastic news! We've Found the answer you've been seeking!

Question:

n contrast to currencies that have been declared to be a legal tender by a nation's government, in case of cryptocurrencies, ______. Group of answer choices no one institution controls the currency no value is stored in the currency currency ownership is backed by the government currency prices remain constant as supply and demand fluctuate

Posted Date: Jun 11, 2024 09:06 PM

See More Questions

How would you describe the findings of at least one important piece of research on achieving high-performance in public organizations? What are its implications for the practice of public management?...
Merck & Co. declared dividends (dollars in Millions) of $3,250.4 (2008), $3,310.7 (2007), and $3,318.7 (2006). Cash payments for dividends reported on the statement of cash flows for the three year...
Wildhorse Corporation is in the process of setting a selling price for a recently designed product. The following data relate to this product at a budgeted volume of 6 0 , 0 0 0 units. \ table [ [ ,...
Many observers say that the US and China are in the state of economic war. What are the main economic "sins" that the U.S. accuses China of being guilty of?
Pacifico Company, a U.S.-based importer of beer and wine, purchased 1,500 cases of Oktoberfest-style beer from a German supplier for 390,000 euros. Relevant U.S. dollar exchange rates for the euro...
Palmerstown Company established a subsidiary in a foreign country on January 1, Year 1, by investing 8,000,000 pounds when the exchange rate was $1.00/pound. Palmerstown negotiated a bank loan of...
Required information [The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Chucktown Sauce...
Question 1 (50 marks) Costa Ltd is a company with a 30 June year end. The following information relates to Costa Ltd and its subsidiary Jumbo for the year ended 30 June 20.22. Costa Ltd Jumbo Ltd Dr...
The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. You do not need to...
3. (Residual 85 Decomposition - 40) For the ordinary Multiple Linear Regression model Y N N (X )6, 0212\"\"), we use the OLS estimator for . X E Rn\"? has rank p. Denote the residual vector as e = Y...
Comparison of Present Values Growl Company has elected to purchase additional vending machines and has discussed loan agreements with a vice-president of Friendly Bank. The banker has offered a...
Multiple Payments Case Products just agreed to pay $1,500 at the end of each year for three years of insurance coverage on property it owns. What amount would Case be willing to pay immediately for...
Future Value of Monthly Payments Nifty Pearson is attempting to save money for college. He anticipates making the following monthly deposits in Eureka Investment Corporation. Compute the amount that...

n contrast to currencies that have been declared to be a legal tender by a nation's government,

Question:

Expert Answer:

Students also viewed these economics questions