

Bitcoin and Economic Factors Quiz
Interactive Video
•
Business
•
9th - 10th Grade
•
Practice Problem
•
Hard
Jennifer Brown
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic factor is mentioned as a reason for Bitcoin's increase in value?
Recession
Inflation
Deflation
Stagflation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the maximum number of Bitcoins that can ever exist?
18 million
21 million
30 million
25 million
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which large institution announced it would start holding Bitcoin for customers?
JP Morgan
BNY Mellon
Goldman Sachs
Wells Fargo
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major criticism of Bitcoin mentioned in the video?
It's too volatile
It's not used for buying goods
It's too expensive
It's not secure
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of government regulation on Bitcoin?
Increased volatility
Higher transaction fees
Reduced market manipulation
Decreased popularity
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