Q1. The monetary base in the U.S.
least likely includes: A) U.S. Treasury bills. B) banks’ reserve deposits at the Fed. C) Federal Reserve notes.
Q2. Which of the following items is least likely to be included in the monetary base? A) Reserve deposits owned by commercial banks. B) Federal Reserve notes. C) Commercial checking deposits.
Q3. The change in the quantity of money is determined jointly by the: A) Fed’s required reserve ratio and the money multiplier. B) change in the monetary base and the Fed’s required reserve ratio. C) change in the monetary base and the money multiplier.
Q4. With respect to the Fed’s open market operations, which of the following statements is least accurate? A) The money supply is increased when the Fed sells securities to banks. B) The Fed uses open market operations to adjust the monetary base. C) When part of an increase in the money supply is held as cash, the multiplier effect is reduced.
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发表于 2009-1-15 15:07
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