What are differences between digital cash and cryptocurrency?

Q: For the following list of items, indicate if they are in M1, M2, or neither: a. Your $5,000 line of…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub- parts…

Q: Differentiate between deposit taking and non-deposit taking financial institutions with one real…

A: There are many types of financial institutions in the economy. The main two types of financial…

Q: Persuasive essay about money laundering in the Philippines 1000 words

A: Money laundering is the illicit technique of making significant sums of money obtained through…

Q: Identify briefly five questions a money manager should ask before recommending suitable investments…

A: ​Money manager is the financial advisor that helps its clients to invest their money in appropriate…

Q: Banks may money out of other people's money. True False

A: The banks can generate money from people money and this can be done in many ways, one way is to use…

Q: should banks have the right to assign a mortgage to a third party?

A: Answer in step 2.

Q: What is financial inflow?

A: The net amount of cash and the all cash equivalents being moved in and out of a corporation is…

Q: Q2. The total amount of U.S currency in circulation divided by the U.S population comes out to about…

A: In monetary term, the money available for use in a nation is the circulation of money or money…

Q: At which stage money laundering is easy to detect?

A: Money laundering refers to an illegal process of producing a huge amount of money that is generated…

Q: What are some currencies of great value in a workplace that is in high demand? List at least 3 and…

A: Commonly, the value of different currencies around the global financial market keeps on changing…

Q: three ways in which banks use to make profit

A: Three ways banks can make profit 1)By providing loans and earning interest on it. 2)By investing in…

Q: List the banking services that each bank offer. Compareand contrast the services offered by the…

A: There are various services provided by banks. The main purpose of banks is to provide their…

Q: what is the importance of investing in Bitcoin

A: Bitcoin refers to a decentralized digital currency which does not have any central bank or a single…

Q: what is the benefit of offshore banking to clients

A: An offshore bank is one that is governed by an international banking license that prevents it from…

Q: One reason why cryptocurrency is not considered money by many is that it is not considered to be a…

A: A cryptocurrency is a digital or simulated currency protected by encryption, making counterfeiting…

Q: Because financial intermediaries operate on a big scale, this relates to minimizing the costs of…

A: A firm producing output can yield increasing, decreasing or constant returns to scale.

Q: If people use ketchup packets as a medium of exchange, what type of money would they be?

A: When ketchup packets act as medium of exchange then the money would be called as commodity…

Q: Views on electronic money, or e-money, and digital cash

A: Money is a medium of exchange and is accepted as payment of any product or service.

Q: How does the bank offer two repayment plans?

A: Loan repayment is an act followed by the borrower to pay back the borrowed amount to the lender. The…

Q: Explain in no more than 5 sentences. Why is there is a need to follow certain financial precautions…

A: Answer - Need to find- Why is there is a need to follow certain financial precautions when writing…

Q: Risk management for Islamic banking system do we need something special?

A: Islamic banking refers to Islamic finance. It is nothing but the finance and banking activities that…

Q: Which type of risk are savings institutions least susceptible to? Interest rate risk Liquidity risk…

A: Since you have asked multiple questions, we will solve first question for you. If you want any…

Q: Why is money considered fungible?

A: The term “fungibility” means the sate of interchangeability. Money is a unit that acts a measure of…

Q: Why have banks been losing cost advantages in acquiring funds in recent years?

A: Banks have to bear an amount of cost to acquire the funds, but there are some cost advantages that…

Q: How does Bitcoin work? Is it legit? How do they invest in Bitcoin?

A: Cryptocurrency is known as a digital currency that is encrypted to prevent counterfeiting and double…

Q: different types of money

A: Money is defined as an economic unit which acts as a general recognized medium of exchange for…

Q: differences between islamic and conventional wealth management instruments

A: Ans in step 2

Q: Do commercial banks have different categories

A: - Commercial Banks(CBs) are the financial institutions that provide basic investment options as…

Q: All of the following are examples of savings vehicles EXCEPT Savings account Money Market Account…

A: Individuals receive income for various services provided by them in the production of goods and…

Q: True or False: If you purchase a gift card electronically through a site such as Plastic Jungle, you…

A: A market is a place where the exchange of goods and services takes place between the buyers and…

Q: what if the Bank of Cheap Loans tries to charge an even lower rate?

A: A number of banks and housing finance companies reduce the interest rate for a fee on the floating…

Q: M1 includes savings deposits. a. T b. F

A: Meaning of Money Supply: The term money supply refers to the situation under which the overall…

Q: what are the steps in money laundering process

A: Money laundering: The conversion of illegally earned into legitimate money.

Q: what is the purpose and functions of inside money transfer?

A: In Democratic government system typically, it has been observed that there is both public and…

Q: Summarize howtransaction costsaffect financial intermediaries.

A: While buying or selling a good or services, the expenses incurred are known as transaction costs .…

Q: hat equation can determine whether a cryptocurrency is significantly overvalued?

A: Bitcoin is the first implementation of a term known as "cryptocurrency," which was first introduced…

Q: What distinguishes money from other assets in theeconomy?

A: Following are the points which distinguish money from other assets : 1. Money is highly liquid as…

Q: Is Bitcoin legal tender anywhere in the world? Explain and cite your source?

A: Concept The digital money is a peer-to-peer system. Bitcoin first appeared in 2009, introduced the…

Q: How online banking affects money demand?

A: The equilibrium in the money market is attained at the point where the money supply intersects the…

Q: How can cryptocurrency's advantage and disadvantages help the economy

A: Cryptocurrencies are digital assets and decentralised systems that enable secure online…

Q: What is the Role of Internet/ Mobile  Banking in the Society?

A: The automated distribution of new and classic banking products and services to customers via…

Q: Summarize the Lucascritique.

A: Robert Emerson Lucas Jr. is a new classical economist. He is known for his role in development of…