1 / 54

Money and Banking

Money and Banking. 5 Points. Authority to appoint the Federal reserve Chair?. That’s right!. Who is the President?. 5 Points. The type of demand needed to purchase goods and services in the economy. That’s right!. What is transactional demand?. 5 Points.

casta
Download Presentation

Money and Banking

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Money and Banking

  2. 5 Points • Authority to appoint the Federal reserve Chair?

  3. That’s right! • Who is the President?

  4. 5 Points • The type of demand needed to purchase goods and services in the economy.

  5. That’s right! • What is transactional demand?

  6. 5 Points • Currency is a part of M1, M2 and/or M3. Which one or combination?

  7. That’s right! • All three?

  8. 5 Points • The three primary tools the FED has to increase or decrease the money supply..

  9. That’s right! • Open market operations • Discount rate • Required reserve ratio

  10. 5 Points • The type of function money serves when you purchase a new car.

  11. That’s right! • Medium of Exchange

  12. 10 Points • Current FED Chair

  13. That’s right! • Who is Ben Bernanke?

  14. 10 Points • This type of demand for money varies inversely with interest rates.

  15. That’s right! • What is asset demand?

  16. 10 Points • The position of the money supply curve.

  17. That’s right! • What is Vertical?

  18. 10 Points • When you put money into a savings account you are using money as this.

  19. That’s right! • What is a store of value?

  20. 10 Points • The FED should do this in its open market operations if it wants to get us out of a recession.

  21. That’s right! • What is buy bonds?

  22. 15 Points • How many federal reserve banks there are in the U.S.

  23. That’s right! • What is 12?

  24. 15 Points • If NGDP increased we would expect this to happen to the money demand curve.

  25. That’s right! • What is shift right?

  26. 15 Points • The more common name for demand deposits.

  27. That’s right! • What are checking accounts?

  28. 15 Points • When you are a contestant on the price is right and you are guessing the value of a can of peas you are using money as this.

  29. That’s right! • What is a unit of account?

  30. 15 Points • The impact an easy monetary policy has on Investment spending.

  31. That’s right! • What is increases it?

  32. 20 Points • The primary committee responsible for buying and selling government securities.

  33. That’s right! • What is the federal open market committee?

  34. 20 Points • If the government decrease spending on public works projects we would expect this to happen to the money demand curve.

  35. That’s right! • What is shift left?

  36. 20 Points • The type of money that is easily convertible into M1.

  37. That’s right! • What is near monies?

  38. 20 Points • The term that describes money that is not backed by gold or silver but backed by the faith of the U.S. government and its citizens.

  39. That’s right! • What is Fiat Money?

  40. 20 Points • The impact of a tight monetary policy on Aggregate Demand.

  41. That’s right! • What is shift it to the left?

  42. 25 Points • The committee that is in charge of setting the Discount rate and the Required Reserve Ratio.

  43. That’s right! • What is the Board of Governors?

  44. 25 Points • The type of relationship fiscal policy and money demand have.

  45. That’s right! • What is direct?

  46. 25 Points • Which of the following are NOT a part of M2: Cash, Currency, savings accounts, stocks, credit cards. HINT there is more than one answer.

  47. That’s right! • What are stocks and credit cards?

  48. 25 Points • The official name of paper currency as it is printed.

  49. That’s right! • What are Federal Reserve Notes?

  50. 25 Points • The appropriate monetary policy response to fiscal crowding out.

More Related