March End of Month - Assessment

What is a stablecoin?

• A type of digital currency

• A traditional currency backed by a stable government

• A currency that remains stable during market fluctuations

• A type of stock in a stable industry

Which of the following is NOT a type of stablecoin?

• Fiat-collateralized

• Algorithmic

• Gold-collateralized

• Blockchain-based

How do fiat-collateralized stablecoins maintain their value?

• By being backed by a fiat currency such as the US dollar

• By being backed by a commodity such as gold

• By using a complex algorithm to regulate supply and demand

• By being backed by a group of investors

Which of the following is an example of a fiat-collateralized stablecoin?

• Tether (USDT)

• MakerDAO (DAI)

• DigixDAO (DGD)

• Basis Cash (BAC)

What is the benefit of using stablecoins for international transactions?

• Faster transaction times

• Lower transaction fees

• Greater anonymity

• All of the above

What is a bull market?

• A market where stock prices are falling

• A market where stock prices are rising

• A market where stock prices remain stable

• A market with high inflation rates

What is a bear market?

• A market where stock prices are falling

• A market where stock prices are rising

• A market where stock prices remain stable

• A market with low inflation rates

What is a correction?

• A sudden increase in stock prices

• A sudden decrease in stock prices

• A period of stability in stock prices

• A period of high inflation rates

What is a recession?

• A prolonged period of economic growth

• A prolonged period of economic decline

• A sudden increase in stock prices

• A sudden decrease in stock prices

What is a depression?

• A short-term economic downturn

• A long-term economic downturn

• A sudden increase in stock prices

• A sudden decrease in stock prices