Monetary Policy of Economics

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Question 1 Easy Mcq

The rate of interest banks charge on short-term loans to their best customers is the _____.

Question 2 Easy Mcq

Based on the exchange rate table below, one u.s. dollar is able to buy _____ mexican pesos.

Question 3 Easy Mcq

The federal funds rate is the _____ rate on _____ loans.

Question 4 Easy Mcq

The demand curve for federal funds is _____.

Question 5 Easy Mcq

Reserves consist of the currency in the _____ plus the balance on its _____ account at _____.

Question 6 Easy Mcq

With all other things being equal, the money supply curve is drawn as ______.

Question 7 Easy Mcq

If the fed wants to raise the federal funds rate, it will ______ bonds, which ________ bond prices.

Question 8 Easy Mcq

The federal reserve generally uses ___________________ to implement monetary policy.

Question 9 Easy Mcq

Quantity theory of money and prices states the hypothesis that changes in the money supply lead to ____proportional changes in the price level

Question 10 Easy Mcq

Except for one point, the short run average cost must always be ________ the long run average cost.

Question 11 Easy Mcq

An increase in the money supply, all else held constant, usually _____.

Question 12 Easy Mcq

Money is __________ when a bank makes a loan to a customer.

Question 13 Easy Mcq

In a recession the money supply can be increased by the fed _____________ securities.

Question 14 Easy Mcq

Covered interest arbitrage moves the market ________ equilibrium because ________.

Question 15 Easy Mcq

In the long run, if the money supply rises by 20 percent, the price level rises by ______.

Question 16 Easy Mcq

A higher real interest rate ______ saving and ______ consumption spending.

Question 17 Easy Mcq

A measure of how frequently money is turned over is called

Question 18 Easy Mcq

In which market the money demand and money supply determine the equilibrium interest rate?

Question 19 Easy Mcq

A decrease in the demand for money will shift the money demand curve ______.

Question 20 Easy Mcq

The purpose of expansionary monetary policy is to increase _____.

Question 21 Easy Mcq

A higher real interest rate ______ investment spending and ______ consumption spending.

Question 22 Easy Mcq

Expansionary monetary policy refers to the ________ to increase real gdp.

Question 23 Easy Mcq

Money market equilibrium occurs at which of the following?

Question 24 Easy Mcq

If the fed buys government securities from commercial banks in the open market _____.

Question 25 Easy Mcq

When does the Fed use a contractionary monetary policy?

Question 26 Easy Mcq

What do many people believe was an important cause of the financial crisis of 2008-2009?

Question 27 Easy Mcq

Excess reserves are a bank's _____ reserves minus its _____ reserves.

Question 28 Easy Mcq

A sale of treasury bills by the federal reserve _____ interest rates and _____ the money supply.

Question 29 Easy Mcq

In order to know how much to stimulate the economy, policy makers must know how much ______ should increase.

Question 30 Easy Mcq

During inflation, the Fed will engage in a contractionary money policy by ______ the money supply and ______ the interest rate.

Question 31 Easy Mcq

In the equation of exchange, which of the following letters represents real output?

Question 32 Easy Mcq

Rising prices erode the value of money as a ________ and as a ________.

Question 33 Easy Mcq

Examples of physical capital are ______. examples of financial capital are ______.

Question 34 Easy Mcq

Bank deposits ______ and the quantity of money ______.

Question 35 Easy Mcq

Normally the discount rate is _____ the federal funds rate.

Question 36 Easy Mcq

The quantity theory of money and prices claims that changes in the ______ lead to equal proportional changes in the ______.

Question 37 Easy Mcq

An increase in the time to the promised future payment ________ the present value of the payment.

Question 38 Easy Mcq

Why does the Fed engage in quantitative easing?

Question 39 Easy Mcq

An open market purchase ______ the monetary base. an open market sale ______ the monetary base.

Question 40 Easy Mcq

Which of the following strategies do bond sellers use if many people are trying to get rid of bonds?