Business
Business, 21.03.2020 07:17, pao2425

26) In Country Z, the government simultaneously decreases its expenditures by $20 billion and decreases taxes by $20 billion. If the MPS is equal to 0.2, the government's action_ real GDP by A) Decreases; $100 billion B) Decreases; $20 billion C) Decreases; S80 billion D) Has no effect on; SO 27) Money functions as an) A) Store of value. B) Unit of account. C) Medium of exchange. D) all of the above. 28) For barter to occur there must be A) Hyperinflation. B) A double coincidence of wants for each good to be exchanged. C) One person who pays cash. D) Two people willing to pay with credit. 29) Money serves as a standard of value, which is another way of saying that money functions as A) A medium of exchange. B) A unit of accounting C) A store of value. D) Standard of deferred payment. 30) The reason we are willing to accept money with no intrinsic value is that A) Paper currency may be exchanged for full-bodied money. B) The money supply is backed by an equal amount of gold and silver. C) We have a fiduciary monetary system in which currency has both acceptability and predictability of value. D) The value of the money varies directly with changes in the price level. 31) In a fiduciary monetary system, the value of the money issued by a government is based on A) The gold held in that government's vaults. B) Public confidence in that currency's acceptability and predictability of value. C) The ability to convert it to some asset of value, like silver. D) Its being made out of some material with a market value equal to a bill's face value. 32) All transaction deposits are included in A) MI only. B) M2 only. C) Both MI and M2. D) Savings balances only.
33) According to the above table, the value of Ml is A) $1.888 billion, B) S1,629 billion. C) $1,213 billion. D) $1,205 billion, 34) According to the above table, the value of M2 is A) $5,303 billion. B) S5,782 billion. C) S5,325 billion. D) $9,000 billion. 35) Russia borrowed funds from the International Monetary Fund in 1989 in exchange for agreeing to undertake certain changes. However, after receiving the funds, Russia spent the funds on other things, making the loan repayment more unlikely to occur. This situation is referred to as A) Adverse selection. B) Moral hazard. C) Asymmetric information. D) Deceptive knowledge. 36) The central bank for the United States is A) Chase Manhattan Bank. B) The Congressional Bank. C) The Federal Reserve System. D) First National Bank of New York. 37) A bank with $100 million in deposits has $15 million of cash in the bank, $10 million in deposits with the Fed, and $15 million in government securities in its vault. Its total reserves equal A) $10 million. B) S15 million. C) $25 million. D) $40 million. 38) If a check was written on Bank A for $100 and Bank B presented the check to Bank A for payment, what will happen to the required reserves for each respective bank after payment is made? A) Bank A's required reserves increase; Bank B's decrease. B) Bank B's required reserves increase: Bank A's decrease. C) Both banks will see an increase in their required reserves. D) Both banks will see a decrease in their required reserves. 39) The formula que verwer is the A) Federal funds rate. B) Discount rate. C) Potential money multiplier. D) Actual change in the money supply.
40) When banks reduce the reserve ratio, the potential money multiplier A) Increases. B) Decreases C) Remains unchanged. D) Sometimes increases, and sometimes decreases depending on the rate of inflation. 41) The money demand function implies that money demand is A) Positively related to interest rates. B) Negatively related to bond prices. C) Negatively related to interest rates. D) Negatively related to transactions in the economy. 42) The downward slope of the demand for money curve reflects the fact that A) People hold more of their wealth in the form of money as the price level rises. B) People hold more of their wealth in the form of money as the price level falls. C) People hold more of their wealth in the form of money as the interest rate rises. D) People hold more of their wealth in the form of money as the interest rate falls. Level Real GDP per Year is in Trons) 43) In the above figure, if the economy is in equilibrium at El, then A) The economy is producing below its potential long-run equilibrium at full employment. B) The economy is producing above its potential long-run equilibrium at full employment. C) There is an inflationary gap in the economy. D) The economy is in a period of high inflation. 44) In the above figure, if the economy is at equilibrium at El, the Fed would most likely A) Adopt a contractionary monetary policy. B) Adopt an expansionary monetary policy. C) Attempt to lower the aggregate demand in the economy. D) Attempt to lower the price level below 120.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 20:30, smarty5187
(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?
Answers: 1
image
Business, 23.06.2019 06:50, kelli151
Free rein leaders can be described as: a. dictatorial b. authoritarian c. democratic d. permissive
Answers: 1
image
Business, 23.06.2019 12:00, seymani2
Michael works in an it firm that is well known for making innovative products. michael is asked to develop a product that would serve an unmet need. though he has many ideas for it, none of them quite fits the bill. he finally decides to stand back from the problem for a period of time and ceases to consciously think about the yet-to-be-developed product. after a week, as he looks over his notes, he realizes the solution. the period of time in which michael did not consciously work on the problem is referred to as
Answers: 1
image
Business, 23.06.2019 16:00, lanc3r3vo
On january 2, 2016, twilight hospital purchased a $94,800 special radiology scanner from bella inc. the scanner had a useful life of 4 years and was estimated to have no disposal value at the end of its useful life. the straight-line method of depreciation is used on this scanner. annual operating costs with this scanner are $106,000. approximately one year later, the hospital is approached by dyno technology salesperson, jacob cullen, who indicated that purchasing the scanner in 2016 from bella inc. was a mistake. he points out that dyno has a scanner that will save twilight hospital $26,000 a year in operating expenses over its 3-year useful life. jacob notes that the new scanner will cost $111,000 and has the same capabilities as the scanner purchased last year. the hospital agrees that both scanners are of equal quality. the new scanner will have no disposal value. jacob agrees to buy the old scanner from twilight hospital for $40,500. if twilight hospital sells its old scanner on january 2, 2017, compute the gain or loss on the sale. prepare an incremental analysis of twilight hospital.
Answers: 2
Do you know the correct answer?
26) In Country Z, the government simultaneously decreases its expenditures by $20 billion and decrea...

Questions in other subjects:

Konu
Computers and Technology, 08.12.2019 15:31