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Question 7 Why is sea shells not considered money? 1.5 Marks Discuss three limitations in accepting bitcoin as Money. 1.5 Marks Why does the Reserve
Question 7
- Why is "sea shells" not considered money? 1.5 Marks
- Discuss three limitations in accepting bitcoin as "Money". 1.5 Marks
- Why does the Reserve Bank of Australia target underlying inflation and not the consumer price index? 1.5 Marks
- Explain, using appropriate terminologies and a flow chart, how expansionary monetary policy can affect the economy. 2 Marks
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Microeconomics
Authors: Dean S. Karlan, Jonathan J. Morduch
2nd edition
1259813337, 1259813339, 978-1259813337
