Only 50 minutes, please help

Post by **answerhappygod** » Thu May 19, 2022 10:58 am

: Only 50 Minutes Please Help 1 (22.55 KiB) Viewed 56 times

QUESTION 1 In what year is the velocity the highest? O 2007 1960 1970 1990 QUESTION 2 Between which episode is the federal funds interest rate the highest? episode 2-episode 3 episode 7-episode 8 episode 8-episode 9 episode 1- episode 2 QUESTION 3 What is the discount rate? Interest rate that the Fed charges commercial banks when they borrow from the Fed Interest rate that the Fed charges corporations when they borrow from the Fed Interest rate that the Fed charges individuals when they borrow from the Fed Interest rate that the Fed charges non-for profit when they borrow from the Fed QUESTION 4 "If we add currency plus reserve, we are able to compute the Consumer base Supplier base Monetary base Liabilities base
QUESTION 5 What is the money demand? The relationship between real interest rate and the quantity of money individuals are willing to hold at each rate. The relationship between nominal interest rate and the quantity of money individuals are willing to hold at each rate. The relationship between real interest rate and the quantity of money our government is willing to hold at each rate. The relationship between inflation rate and the quantity of money individuals are willing to hold at each rate. QUESTION 6 What is the liquidity trap? An occurrence where increases in money supply do not lower interest rates any further. An occurrence where decreases in money supply do not lower interest rates any further. An occurrence where increases in money supply do not increase interest rates any further. An occurrence where decreases in money supply do not lower interest rates any further. QUESTION 7 What is quantitative easing? An occurrence by decreasing money supply by increasing reserves without increasing interest rates An occurrence by increasing money supply by increasing reserves without lowering interest rates An occurrence by increasing tax levels by increasing reserves without lowering interest rates An occurrence by increasing inflation rates by increasing reserves without lowering interest rates QUESTION 8 What would a contractionary money supply would do to AD? O Increase Decrease O No effect
QUESTION 9 What would an expansionary money supply would do to AD? Increase O Decrease O No effect QUESTION 10 Who was the federal Reserve Board chair during 1970-1978? O Paul Volcker Alan Greenspan Arthur Burns William McChesney Martin QUESTION 11 What does the Phillips curve show? Inflation rates and unemployment rate tradeoff Savings rates and unemployment rate tradeoff Inflation rates and employment rate tradeoff O Savings rates and employment rate tradeoff QUESTION 12 When real GDP is greater than potential GDP? Unemployment rate = Natural Unemployment Rate Unemployment rate > Natural Unemployment Rate Unemployment rate < Natural Unemployment Rate O Employment rate < Natural Unemployment Rate
QUESTION 13 What is the political business cycle? A business cycle causes by politicians in order to under stimulate the economy right before an election A business cycle causes by politicians in order to overstimulate the economy right before an election A business cycle causes by politicians in order to overstimulate the economy right after an election A business cycle causes by politicians in order to under stimulate the economy right after an election QUESTION 14 What is time inconsistency? Situation in which policy makers have the incentive to announce one policy but change after citizens have acted on the initial stated policy Situation in which policy makers have the incentive to announce one policy but change before citizens have acted on the initial stated policy Situation in which policy makers have no incentive to announce one policy but change after citizens have acted on the initial stated policy Situation in which policy makers have no incentive to announce one policy but change before citizens have acted on the initial stated policy QUESTION 15 What is a flexible exchange rate policy? A policy in which an exchange rate are determined in foreign exchange markets and governments do agree to fix them. A policy in which an exchange rate are determined in foreign exchange markets and governments do not agree to fix them. A policy in which an exchange rate are determined in financial markets and governments do not agree to fix them. A policy in which an exchange rate are determined in markets for goods and services and governments do not agree to fix them.