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True, False, or Uncertain [20 marks - 5 marks each] Explain why each of the following statements is True, False, or Uncertain according to
True, False, or Uncertain [20 marks - 5 marks each] Explain why each of the following statements is True, False, or Uncertain according to economic principles. Use diagrams where appropriate and show your calculations. Unsupported answers will receive no marks. It is the explanation that is important. A2-1 Imagine that you held one Bitcoin that had increased in value from $30,000 to $40,000 in the span of a year. This would mean that your money holdings would have increased by $10,000. [Hint: Think about the 3 functions of money.]
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