slide1 n.
Skip this Video
Loading SlideShow in 5 Seconds..
ECO 320 Final Exam Part 1 & 2 Score A PowerPoint Presentation
Download Presentation
ECO 320 Final Exam Part 1 & 2 Score A

ECO 320 Final Exam Part 1 & 2 Score A

85 Views Download Presentation
Download Presentation

ECO 320 Final Exam Part 1 & 2 Score A

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. ECO320 Money Final Exam 1 & 2 & Banking Follow the link below to purchase the Exam Visit Website: Please contact us for more Tutorial & Help ( ECO320 MB2 Final Exam 1 Question 1 The FDIC is the main supervisor for Question 2 bank. A commercial bank that gets a charter from the federal government is called a ________ Question 3 The OCC is the main supervisor for Question 4 In regards to the Glass-Steagall Act, banks argued that they Question 5 A period when an expansion ends and a recession begins is Question 6 recession) is called A particularly bad recession (in which output declines much more than usual for a Question 7

  2. The labor-force participation rate equals Question 8 According to real business cycle (RBC) theory, the main source of the business cycle is Question 9 Answer The liquidity effect is the Question 10 A partial-equilibrium model is a model in which Question 11 Question 12 A variable that is determined within a model is called The price-level effect is the situation when a higher nominal interest rate results from a(n) Question 13 Question 14 A rise in foreign incomes causes net exports to Full-employment output is the amount of output produced when the economy is Question 15 Consumption spending is about ____ of aggregate demand. Question 16 The natural rate of unemployment reflects ________ normal job turnover.

  3. Question 17 agents have made decisions General equilibrium is a situation in which all markets are in ________ and all economic Question 18 Precautionary savings is Question 19 Because RBC models are complicated, researchers generally Question 20 0 out of 5 points DSGE models that contain many different types of households and firms are known as ECO/320 Money & Banking Final Exam 2 Question 1 A shock is Question 2

  4. ____ from 2001 to 2008. In broad nominal terms, the dollar ____ against other currencies from 1988 to 2001 and Question 3 Under absolute purchasing-power parity, Question 4 unilateral current transfers equals The sum of net exports of goods and services plus net income from abroad plus net Question 5 Federal Reserve Banks are owned by Question 6 percent to about 3 percent in the early 1980s was Question 7 The chairman of the Federal Reserve Board who reduced the inflation rate from over 10 Question 8 Of the nine directors of each Federal Reserve Bank, ____ are elected by member banks. When the Fed engages in open-market operations, the transactions are conducted by Question 9 nature of the loan. Such a loan is known as Question 10 A bank in good condition may take out a loan without the Fed questioning the purpose or the If the Open-Market Desk at the Fed buys securities today, the most likely effect is that Question 11

  5. the primary credit discount rate, the most likely effect is that the If the Open-Market Desk at the Fed buys securities when the federal funds rate is below Question 12 the money supply through In November and December, people use more currency than usual, so the Fed increases Question 13 The actual inflation rate minus the ideal inflation rate is known as Question 14 known as the ____ lag. Question 15 The idea that policymakers may not immediately understand the state of the economy is as the ____ lag. The time it takes from when a policy is enacted to when it affects the economy is known Question 16 known as The unemployment rate when the economy is producing output equal to its potential is Question 17 A money-growth rule that responds to the state of the economy is a type of ____ rule. Question 18 document known as the Central banks that use inflation targeting usually communicate their goals and plans in a Question 19 The activist terms in the Taylor rule are the

  6. Question 20 The Fed tightens policy when it ____ money growth and ____ the federal funds rate.