ECON 2301 Week 4 Quiz | Assignment Help | Central Texas College
- Central Texas College / ECON 2301
- 09 Aug 2020
- Price: $5
- Other / Other
ECON 2301 Week 4 Quiz | Assignment Help | Central Texas College
Question 1
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If $500 of new reserves generates $1000 of new money in the
economy, then the money multiplier is |
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Question 2
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If the Federal Open Market Committee decides to increase the money
supply, then the Federal Reserve |
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A bank has $500,000 in deposits and $475,000 in loans. It has loaned
out all it can. It has a reserve ratio of |
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Question 4
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A bank has a 20 percent reserve requirement, $8,000 in loans, and has
loaned out all it can given the reserve requirement. |
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Question 5
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If the Federal Open Market Committee decides to decrease the money
supply, it will |
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Question 6
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A decrease in the money supply creates an excess |
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Question 7
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In order to maintain stable prices, a central bank must |
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Question 8
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An assistant manager at a restaurant gets a $100 a month raise. He
figures that with his new monthly salary he cannot buy as many goods and
services as he could buy last year. |
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Question 9
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According to the classical dichotomy, when the money supply doubles
which of the following doubles? |
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Question 10
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According to the assumptions of the quantity theory of money, if the
money supply increases by 5 percent, then |
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