Question 1

Primary liabilities of the Federal Reserve include

Accepted Answer

A) Federal Reserve notes. 
B) U.S.government securities. 
C) loans to banks. 
D) reserve deposits by banks. 
E) Both a and d 
A) Federal Reserve notes. 
B) U.S.government securities. 
C) loans to banks. 
D) reserve deposits by banks. 
E) Both a and d

Question 2

Assume that the Federal Reserve has purchased a $1,000 security from an individual,the required reserve ratio is 20 percent,and that individual deposits the proceeds in his bank.What is the increase in excess reserves for this bank?

Accepted Answer

A) $200 
B) $1,000 
C) $1,200 
D) $800 
E) $2,000 
A) $200 
B) $1,000 
C) $1,200 
D) $800 
E) $2,000

Question 3

Which of the following are NOT true?

Accepted Answer

A) Credit cards are the same as debit cards when determining the money supply. 
B) Credit cards are included in M2 but not M1. 
C) Credit cards do not impact the demand for money. 
D) Credit cards are a means of payment. 
E) All of the above are true. 
A) Credit cards are the same as debit cards when determining the money supply. 
B) Credit cards are included in M2 but not M1. 
C) Credit cards do not impact the demand for money. 
D) Credit cards are a means of payment. 
E) All of the above are true.

Primary liabilities of the Federal Reserve include

Assume that the Federal Reserve has purchased a $1,000 security from an individual,the required reserve ratio is 20 percent,and that individual deposits the proceeds in his bank.What is the increase in excess reserves for this bank?

Which of the following are NOT true?

Introduction

Measurement of Macroeconomic Variables

Classical Macroeconomics I: Output and Employment

Classical Macroeconomics II: Money,prices,and Interest

Keynesian System I: the Role of Aggregate Demand

Keynesian System II: Money,interest,and Income

Keynesian System III: Policy Effects in the Is-Lm Model

Keynesian System Iv: Aggregate Supply and Demand

The Monetarist Counterrevolution

Output,inflation,and Unemployment: Alternative Views

New Classical Economics

Real Business Cycles and New Keynesian Economics

Macroeconomic Models:a Summary

Exchange Rates and the International Monetary System

Monetary and Fiscal Policy in the Open Economy

Optimal Monetary Policy

Fiscal Policy

Policies for Intermediate-Run Growth

Long-Run Economic Growth: Origins of the Wealth of Nations

Filters

Exam 16: Money,the Banking System,and Interest Rates

Primary liabilities of the Federal Reserve include

Assume that the Federal Reserve has purchased a $1,000 security from an individual,the required reserve ratio is 20 percent,and that individual deposits the proceeds in his bank.What is the increase in excess reserves for this bank?

Which of the following are NOT true?

Introduction

Measurement of Macroeconomic Variables

Classical Macroeconomics I: Output and Employment

Classical Macroeconomics II: Money,prices,and Interest

Keynesian System I: the Role of Aggregate Demand

Keynesian System II: Money,interest,and Income

Keynesian System III: Policy Effects in the Is-Lm Model

Keynesian System Iv: Aggregate Supply and Demand

The Monetarist Counterrevolution

Output,inflation,and Unemployment: Alternative Views

New Classical Economics

Real Business Cycles and New Keynesian Economics

Macroeconomic Models:a Summary

Exchange Rates and the International Monetary System

Monetary and Fiscal Policy in the Open Economy

Optimal Monetary Policy

Fiscal Policy

Policies for Intermediate-Run Growth

Long-Run Economic Growth: Origins of the Wealth of Nations

Filters