ezgiDec 26, 2021 · 3 years ago5 answersHow does the definition of normal goods relate to the economics of digital currencies?
In the context of digital currencies, how does the concept of normal goods, as defined in economics, relate to the overall economic dynamics and behavior of digital currencies? How does the demand for digital currencies, such as Bitcoin, Ethereum, or other cryptocurrencies, behave in relation to changes in price and income? Are digital currencies considered normal goods or do they exhibit different characteristics?
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