ch17

1.After reading the article how cryptocurrency is affecting the words economy? (300 words) https://www.aier.org/article/cryptocurrencies-are-here-to-stay/2. After watching the video in an essay no less than 300 words explain how banks create money.https://www.youtube.com/watch?v=sHqffKJT1ik3. Explain Gresham’s Law4. Explain the differences between commodity money and fiat money. What are the major disadvantages of commodity money?5.Why is the money multiplier considered to be a potential multiplier rather than an indication of exactly how much multiplication should be expected?

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