Author Question: Virtual currency unit 2 (VCU2) is different from VCU1 because: a. VCU1 cannot be spent in the real ... (Read 42 times)

mpobi80 · **on:** Jun 30, 2018

Virtual currency unit 2 (VCU2) is different from VCU1 because:
a. VCU1 cannot be spent in the real world; VCUs can be spent in the real world.
b. In terms of convertibility, there is no difference; both VCU2 and VCU3 can be purchased with and sold for legal tender.
c. VCU2 can directly affect real world demand, whereas VCU1 cannot affect real-world demand.
d. In terms of their potential to change a nation's monetary base, there is no difference because neither VCU1 nor VCU2 affect a nation's monetary base.

Question 2

Gorbachev's reforms were called
a. loans for shares
b. de-democratization
c. the Liberman reform
d. perestroika
e. none of the above