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Money and Finances (Crash Course)
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Money and Finances (Crash Course)
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14 Questions

1. These days, instead of money being coins and paper bills, what is it?

2. With stocks, if a company goes bankrupt, what do the stock owners get?

3. In which three places does the financial system take place?

4. What kind of people are most likely to want to use bitcoin?

5. In the bygone days, paper money was redeemable for what?

6. How do economists define money?

7. What are the three purposes of money

8. What does bitcoin not involve?

9. What is bitcoin?

10. What was Milton Friedman's reasoning for why money is valuable?

11. Money is a unit of account. What does that mean?

12. What is stock?

13. If you borrow with banks or bonds, what are you obligated to do?

14. The financial system brings what two groups of people together?

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