Econ 201

Which of the following is NOT a function of the Federal Reserve Bank?

Which of the following guarantees deposits in almost all banks up to a $100,000 limit per account?

In making policies about the nations's money supply, the Federal Reserve Board

Which of the following assets is the most liquid?

The Federal Reserve Bank's Open Market Committee can engage in the CONTRACTIONARY monetary policy by

The Federal Reserve Bank's Open Market Committee can engage in an EXPANSIONARY monetary policy by

Which of the following are counted as part of the M2 money supply?

Which of the following is NOT counted as part of the M1 money supply?

The correct formula for the money multiplier is

Which of the following statements does NOT describe a function of money?

If banks are subject to a 20 percent required reserve ratio the money multiplier would be:

Banking takes it's name from the fact that:

The equation of exchange that the Federal Reserve Bank uses as a guide to the control the money supply in the economy can be written as

A bank's required reserves are:

Flat Money:

Which of the following will lead to an increase in the money supply?

Decisions regarding the purchase and sale of the US Government securities by the Federal Reserve Bank are made by the:

The money supply contracts when the FED

Which of the following actions would INCREASE the money supply?

Which of the following actions would DECREASE the money supply?

If the velocity of money (V)=5, the price level (P)=3, the quantity of goods and services (Q) is equal to the 50, then, according to the equation of

The financial panic and credit freeze of late 2008 pointed to the FED's important role as a:

Who is the current chairman of the Federal Reserve Board of Governors?

A customer deposits $10,000 in a bank account. If the reserve requirement were 15% how much can the bank make in new loans because of that new deposit?

Institutions that acquire funds from savers and then lend those funds to borrowers are called:

Which of the following is not a motive for holding money?

The velocity of money is:

If a bank that is subject to a 10% required reserve ration has $25,000 in excess reserves it can extend new loans up to a maximum of

Banks would normally want to hold few excess reserves because this practice is, from the bank's point of view:

The amount by which annual government spending exceeds tax revenues is called the:

The accumulation of past government deficits is called that:

Which of the following does not represent a form of government debt?

The central bank of the United States is:

The Federal reserve System includes _______ regional banks

The main policy-making arm of the FED is the :

New deposits of $1 billion are placed in a bank. The reserve requirement is 20%. How much does the money supply increase, assuming no leakage?

The economy is experiencing 10% inflation. What should the federal government do?

When government borrowing increases interest rates and causes investments spending in the economy to decrease it is called:

A policy action by the FED to increase the money supply

Money is employed as a __________, because it enables people to save the money they earn today and use it to buy goods and services at a later date

Money is the most _____ of all assets because, as a medium as exchange, it requires no conversion.

Monetary Policy is

Which of the following is NOT a tool of monetary policy?

The Federal Reserve Open Market Committee is responsible for

A PROGRESSIVE tax is a tax where

A REGRESSIVE tax is a tax where

In the GDP expenditure equation (GDP= C + I + G + (X-M)) the term G represents:

In the GDP expenditure (GDP= C + I + G +(X-M)) the term I represents:

Which of the following statements are NOT a characteristic of "good" money?