Money!
Banking and the Money Supply
Monetary Policies
Fiscal Policies
Econ...maybe
100
The United States Dollar is an example of which type of money?
What is a fiat currency?
100
The money a bank is able to loan out.
Excess reserves
100
The vertical money supply curve Sm is controlled by what government body?
What is the Federal Reserve?
100
A policy involving cutting taxes and increasing spending
Expansionary Fiscal Policy
100
Who is Mark Zuckerberg?
Who is the founder and CEO of Facebook?
200
Give me two phenomena that may increase or decrease the demand for money.
Answers vary.
200
If you deposit $4500 in Citybank and the reserve requirement is 20%, how much excess reserves does the bank have?
What is $3600
200
OMO stands for...
Open Market Operations.
200
An indication that expansionary policy must be used.
What is high unemployment.
200
What is the most commonly used monetary policy tool by the federal reserve?
What are open market operations?
300
What type of money is a credit card?
It is not money
300
Where do banks keep their excess reserves? two possible answers.
What is in their vaults and the Federal Reserve?
300
Give two examples of contractionary monetary policies.
Answers vary.
300
When the government runs a budget deficit and must borrow money to meet its spending needs, the equilibrium interest rate soars. This then causes a market phenomenon called?
What is the crowding out effect?
300
Where does Ms. Bojana want to travel to this year?
What is Iran.
400
When a financial transaction or trade is made using a currency. That currency is acting as a...
What is a medium of exchange?
400
Banks panics and runs were virtually eliminated by the introduction of this government entity.
What is the Federal Deposit Insurance Corporation.
400
Reserves, the money supply, and interest rates are most likely to change in which of the following ways when the Fed lowers the discount rate? Give an answer for each.
What are Reserves increase, the money supply increases, and interest decrease.
400
A fiscal action that is triggered by the state of the economy
What is discretionary fiscal policy
400
If the fed buys bonds on the open market, how will bank reserves be impacted?
What is they will increase.
500
What composes M2 currency?
What is M2 includes M1, savings deposits, money market mutual funds and other time deposits.
500
Suppose the Federal Reserve buys $200,000 worth of securities on the open market. If the reserve requirement is 10 percent and the banks hold no excess reserves, what will happen to the total money supply?
What is 2 million dollars? #Dr. Evil
500
To fight recession, the Fed could… answers vary.
Answers vary.
500
Social security, welfare, and medicaid are all examples of this fiscal policy
Nondiscretionary fiscal policy/automatic stabalizers
500
What is the scientific classification for humans
Kingdom: Animalia Phylum: Chordata Class: Mammalia Order: Primate Family: Hominidae Genus: Homo Species: Homo sapiens sapiens
M
e
n
u