¡GoConqr estrena diseño! Cuéntanos qué te parece.

Regístrate gratis

Test

Econ Study Guide Ch.20

Lena O 12 preguntas

Hacer el test

Preguntas del test (12)

  1. 1The demand for money that households keep for emergency purposes is known as-
    1. Aprecautionary demand
    2. Bemergency demand
    3. Cspeculative demand
    4. Dtemporary demand
  2. 2The quantity of money held in response to interest rates is the-
    1. Atransactions motive for holding money
    2. Bprecautionary motive for holding money
    3. Cspeculative motive for holding money
    4. Dunit-of-account motive for holding money
  3. 3the specualtive demand for money
    1. Avaries inversely with income
    2. Bis only concerned with active money
    3. Cinvolves holding money for unexpected problems
    4. Dvaries directly with the transactions demand for money
    5. Evaries inversely with the interest rate
  4. 4Other things being equal, the quantity of money that people wish to hold can be expected to -
    1. Aincrease as the interest rate increases
    2. Bdecrease as the interest rate increases
    3. Cdecrease as real GDP increases
    4. Dnone of the answers above are correct
  5. 5A decrease in the interest rate, other things being equal, causes a(n)-
    1. Aupward movement along the demand curve for money
    2. Bdownward movement along the demand curve for money
    3. Crightward shift of the demand curve for money
    4. Dleftward shift of the demand curve for money
  6. 6Which of the following statements is true?
    1. AThe speculative demand for money at possible interest rates gives the demand for money curve its upward slope
    2. Bthere is an inverse relationship between the quantity of money demanded and the interest rate
    3. Caccording to the quantity theory of money, any change in the money supply will have no effect on the price level
    4. Dall of the answers above are correct
  7. 7In exhibit 20-11, assume an equilibrium with an interest rate of 6% and the money supply at $400 billion. The fed uses its policy tools to move the economy to a new equilibrium at E2, with money supply of $600 billion and an interest rate of 4%. This change could be the result of a(n)-
    1. Aopen market sale of securities by the fed
    2. Bhigher discount rate set by the fed
    3. Chigher required-reserve ratio set by the Fed
    4. Dopen market purchase of securities by the fed
  8. 8according to Keynesians, an increase in the money supply will-
    1. Adecrease the interest rate, and increase investment, aggregate demand, prices, real GDP, and employment.
    2. Bdecrease the interest rate, and decrease investment, aggregate demand, prices, real GDP. and employment.
    3. Cincrease the interest rate, and decrease investment, aggregate demand, prices, real GDP, and employment
    4. Donly increase prices
  9. 9In Exhibit 20-12 , when the money supply increases from MS1 to MS2, the equilibrium interest rate-
    1. Aremains unchanged
    2. Bincreases from i1 to i2, increasing investment spending from I1 to I2
    3. Cincreases from i2 to i1, decreasing investment spending from I2 to I1
    4. Ddecreases from i1 to i2, increasing investment spending from I1 to I2
  10. 10In exhibit 20-12, a shift in aggregate demand from AD1 to AD2
    1. Acannot raise real GDP because the economy is at full employment
    2. Bcannot raise real GDP because the aggregate supply curve is upward sloping at GDP2
    3. Cwill raise real GDP because the economy is operating below the full-employment level
    4. Dwill cause the interest rate to increase from i2 to i1

Información

Descripción
Economics study guide
Autor
Lena O
Idioma
English
Visitas
26
Valoración
Aún sin valoraciones
Valora este test
Valora este test

Escríbenos

¿Sobre qué es tu mensaje?

¿Qué te parece el nuevo diseño?

¿Te gusta?