1) A) All of the choices. B) Transferring money from savers to spenders C) Lendi
ID: 1187911 • Letter: 1
Question
1)
A) All of the choices.
B) Transferring money from savers to spenders
C) Lending funds held on deposit.
D) Creating money.
2)
A) $25 billion.
B) $750 million.
C) $50 billion.
D) $2.5 billion.
3)
A) 2 percent.
B) Negative 2 percent.
C) 6 percent.
D) 14 percent.
4)
A) $4,000.
B) $50,000.
C) $100,000.
D) $85,000.
5)
A) It sends a signal that it is moving toward a faster growth rate for the money supply.
B) The cost of borrowing reserves for member banks increases.
C) both a and b
D) It sends a signal that it is moving toward a slower growth rate for the money supply.
6)
A) Tax rate imposed on total income.
B) Tax rate imposed on taxable income.
C) Tax rate imposed on the last dollar of income earned.
D) Change in taxes resulting from a change in fiscal policy
7)
A) Investment in human capital.
B) Deregulation.
C) Tax incentives for saving, investment, and work.
D) All of the choices.
8)
A) 8 percent.
B) 2 percent.
C) Negative 4 percent.
D) 4 percent.
9)
A) Installment loan rates.
B) All of the choices.
C) Short-term interest rates.
D) Mortgage interest rates.
11)
A) Medium of exchange.
B) Store of value.
C) All of the choices.
D) Standard of value.
12)
A) Enhanced by education.
B) All of the choices.
C) The knowledge and skills possessed by the work force.
D) A way to increase labor productivity.
Explanation / Answer
A
B
B
D
A
D
C
A
C
A
D
D
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