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Question 11 Select one:
a.
It usually, but not always, the same
b.
It used to be different, but now it is the same according to the IMF
c.
It must be the same, but only within a country
d.
It is never the same, because these are different functions
12. How does bitcoin protect against double spending?
Question 12 Select one:
a.
By looking up a centralized ledger.
b.
By the number of confirmations.
c.
By verifying every transaction that is added to the blockchain.
d.
By validating the digital signature.
13. Blockchain is primarily defined as a shared _______________ ledger.
Question 13 Select one:
a.
Dynamic
b.
Updated
c.
Single
d.
Immutable
14. How might blockchain technology assist in decentralizing the enterprise?
Question 14 Select one:
a.
By reducing friction and informational asymmetries between companies.
b.
By supporting new forms of economic organization and new portfolios of value.
c.
By enabling software agents to cooperate and compete in free markets.
d.
All of the above.
15. Is a fiat currency redeemable for a commodity?
Question 15 Select one:
a.
Fiat currency is redeemable for anything that complies with the “coincidence of wants”
b.
Fiat currency is redeemable for a certain amount of gold
c.
Fiat currency is not redeemable for any commodity
d.
Fiat currency is redeemable for a certain amount of metal
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