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Bitcoin and Economic Factors Quiz

Bitcoin and Economic Factors Quiz

Assessment

Interactive Video

Business

9th - 10th Grade

Practice Problem

Hard

Created by

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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