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Praise Jesus
Questions (335)
Each Federal Reserve Bank is owned by what group in its district?
Multiple choice question. State banks Large business firms
1 answer
9 views
The 12 Federal Reserve Banks implement the basic policy decisions of the Blank______.
Multiple choice question. Board of
1 answer
12 views
Which of the following are benefits of the long-term appointments of Board members?
Multiple select question. Stability of
1 answer
12 views
True or false: Each Federal Reserve Bank is owned by the private commercial banks in its district.
True false question. True
1 answer
8 views
The United States' Federal reserve system consists of how many regional banks?
Multiple choice question. 5 9 10 12 3
1 answer
11 views
True or false: Federally chartered banks are required to purchase shares of stock in the Federal Reserve Bank in their district.
1 answer
10 views
Who implements the policy decisions related to the monetary control of the U.S. money and banking systems?
Multiple choice
1 answer
9 views
The United States' 12 Federal Reserve banks act as a central bank because their policies are coordinated by Blank______.
Multiple
1 answer
10 views
Fill in the Blank Question
Fill in the blank question. The chairperson and vice-chairperson of the Board of Governors serve year
1 answer
19 views
What is the relationship between the Board of Governors of the Federal Reserve System and the 12 Federal Reserve banks?
Multiple
1 answer
14 views
The U.S. president, with the confirmation of the Senate, appoints how many members of the Board of Governors?
Multiple choice
1 answer
10 views
Which of the following are true of the terms for members of the Board of Governors?
Multiple select question. All members are
1 answer
15 views
From where does the president select the chairperson and vice-chairperson of the Board of Governors?
Multiple choice question.
1 answer
14 views
Which of the following are benefits of the long-term appointments of Board members?
Multiple select question. Stability of
1 answer
11 views
The banking crisis of 1907 inspired the creation of the Blank______.
Multiple choice question. Federal Reserve Act of 1913 US
1 answer
11 views
Fill in the Blank Question
Fill in the blank question. Terms for members of the Board of Governors are years and staggered so
1 answer
13 views
Multiple Select Question
Select all that apply Which of the following were deemed by Congress in the early 20th century to be
1 answer
10 views
Fill in the Blank Question
Fill in the blank question. The U.S. selects the chairperson and vice-chairperson of the Board of
1 answer
15 views
Fill in the Blank Question
Fill in the blank question. The long-term appointments provide the Board with continuity, experienced
1 answer
16 views
Fill in the Blank Question
Fill in the blank question. The banking crisis of 1907 motivated Congress to appoint the National
1 answer
12 views
Multiple Choice Question
What is the relationship between the Board of Governors of the Federal Reserve System and the 12 Federal
1 answer
8 views
Multiple Choice Question
Early in the 20th century, Congress decided that Blank______ and public control were essential for an
1 answer
8 views
Multiple Select Question
Select all that apply Which of the following are problems that occurred with decentralized, unregulated
1 answer
14 views
Multiple Choice Question
The central authority of the U.S. money and banking system is the Blank______. Multiple choice question.
1 answer
10 views
Multiple Choice Question
Prior to the centralization and public control of U.S. banks, who was charged with creating and
1 answer
12 views
Multiple Choice Question
The banking crisis of 1907 inspired the creation of the Blank______. Multiple choice question. Federal
1 answer
9 views
Multiple Choice Question
Which of the following is the major goal of the Federal Reserve? Multiple choice question. To control
1 answer
11 views
Multiple Select Question
Select all that apply Which of the following were deemed by Congress in the early 20th century to be
1 answer
9 views
Multiple Choice Question
In the United States, the monetary authorities are members of the Board of Governors of what
1 answer
10 views
Multiple Choice Question
What action did Congress take as a result of problems with monetary mismanagement and confusion due to
1 answer
9 views
Fill in the Blank Question
Fill in the blank question. Price level stability necessitates intelligent management or regulation of
1 answer
8 views
Multiple Choice Question
Prior to the Blank______ of the U.S. banking system, no single entity was charged with creating and
1 answer
8 views
Multiple Choice Question
The Fed's major goal is to control Blank______. Multiple choice question. the money supply credit
1 answer
8 views
Multiple Select Question
Select all that apply Which two of the following are necessary for price level stability? Multiple
1 answer
10 views
Fill in the Blank Question
Fill in the blank question. In the United States, the monetary authorities are members of the Board of
1 answer
8 views
Multiple Choice Question
An economy can effectively employ money as a unit of account only when its purchasing power is what?
1 answer
9 views
Multiple Choice Question
Stabilization of the purchasing power of a nation's money requires stabilization of the nation's price
1 answer
9 views
Multiple Choice Question
The value of the dollar equals what? Multiple choice question. One divided by the price level Two
1 answer
10 views
Multiple Choice Question
Rapid declines in the value of a currency may cause Blank______. Multiple choice question. inflation it
1 answer
7 views
Multiple Choice Question
Appropriate fiscal policy that is supportive of efforts of the nation's monetary authorities is meant to
1 answer
13 views
Multiple Choice Question
What happens to the value of money as a result of hyperinflation? Multiple choice question. Disinflation
1 answer
9 views
Multiple Choice Question
An economy can effectively employ money as a unit of account only when its purchasing power is
1 answer
10 views
Fill in the Blank Question
Fill in the blank question. The value of the dollar equals one divided by the level expressed as an
1 answer
11 views
Fill in the Blank Question
Fill in the blank question. Rapid declines in the value of a may cause it to cease being used as a
1 answer
13 views
Multiple Select Question
Select all that apply Which of the following is a result of hyperinflation? Multiple select question. An
1 answer
7 views
Fill in the Blank Question
Fill in the blank question. The amount of goods and services a dollar will buy varies with the price
1 answer
11 views
True or False Question
True or false: Hyperinflation may cause stable currencies such as the U.S. dollar or the European euro to
1 answer
10 views
Multiple Choice Question
What happens when the consumer price index, or "cost-of-living" index rises? Multiple choice question.
1 answer
6 views
Multiple Choice Question
Money derives its value from its scarcity relative to its Blank______. Multiple choice question. utility
1 answer
9 views
Multiple Choice Question
The value of the dollar equals what? Multiple choice question. Two divided by the price level One
1 answer
9 views
Multiple Choice Question
The value of money, like the economic value of anything else, depends on what? Multiple choice question.
1 answer
9 views
Fill in the Blank Question
Fill in the blank question. If the price level doubles, the value of the dollar declines by %.
1 answer
9 views
Multiple Choice Question
Why is there an inverse relationship between the purchasing power of the dollar and the price level?
1 answer
10 views
Multiple Choice Question
What is the nature of the relationship between the amount of goods and services a dollar will buy and
1 answer
11 views
Multiple Choice Question
The amount of goods and services a unit of money will buy is called Blank______. Multiple choice
1 answer
12 views
Fill in the Blank Question
Fill in the blank question. When the consumer price index, or "cost-of-living" index rises, the
1 answer
9 views
Multiple Select Question
Select all that apply The economy's demand for money depends on which two of the following? Multiple
1 answer
11 views
Fill in the Blank Question
Fill in the blank question. Money derives its value from its relative to its utility (its
1 answer
14 views
Fill in the Blank Question
Fill in the blank question. The value of money, like the economic value of anything else, depends on
1 answer
10 views
Fill in the Blank Question
Fill in the blank question. The reason there is an inverse relationship between the purchasing power
1 answer
8 views
Multiple Choice Question
Why is there an inverse relationship between the purchasing power of the dollar and the price level?
1 answer
11 views
Fill in the Blank Question
Fill in the blank question. General of paper currency in exchange is more important than the
1 answer
9 views
Fill in the Blank Question
Fill in the blank question. The power of money is the amount of goods and services a unit of money
1 answer
12 views
Multiple Choice Question
Our confidence in the acceptability of paper money is strengthened because the government has designated
1 answer
10 views
Multiple Choice Question
Which of the following depends on the total dollar volume of transactions in any period as well as the
1 answer
12 views
Multiple Choice Question
Because people accept them as money, Blank______ and Blank______ deposits are money. Multiple choice
1 answer
13 views
Multiple Choice Question
Money derives its value from its scarcity relative to its Blank______. Multiple choice question. utility
1 answer
10 views
Multiple Select Question
Select all that apply Which of the following are reasons that currency and checkable deposits are money
1 answer
12 views
Multiple Choice Question
The value of money, like the economic value of anything else, depends on what? Multiple choice question.
1 answer
7 views
Multiple Select Question
Select all that apply Which of the following have no intrinsic value? Multiple select question. Coins
1 answer
8 views
Multiple Choice Question
Which of the following statements is true? Multiple choice question. General acceptance of paper
1 answer
9 views
Fill in the Blank Question
Fill in the blank question. The government's monetary authorities attempt to provide the amount of
1 answer
5 views
Fill in the Blank Question
Fill in the blank question. Our confidence in the acceptability of paper money is strengthened because
1 answer
6 views
Multiple Choice Question
If the government backed the currency with something tangible like gold, then the Blank______. Multiple
1 answer
9 views
Multiple Choice Question
Why are currency and checkable deposits money? Multiple choice question. Because they indicate a
1 answer
9 views
Multiple Select Question
Select all that apply Which of the following are benefits of the government's decision to not back
1 answer
8 views
Multiple Choice Question
The three reasons that currency and checkable deposits are money and hold value are acceptability, legal
1 answer
9 views
Fill in the Blank Question
Fill in the blank question. The government has chosen to give itself the ability to freely manage the
1 answer
10 views
Fill in the Blank Question
Fill in the blank question. Paper currency and checkable deposits have no (intrinsic/extrinsic) value.
1 answer
9 views
Multiple Select Question
Select all that apply The government's monetary authorities attempt to provide the amount of money
1 answer
10 views
Multiple Choice Question
Paper money or currency in the United States represents whose debt? Multiple choice question.
1 answer
9 views
Which of the following are certain highly liquid financial assets that do not function directly or fully as a medium of exchange
1 answer
10 views
The government has chosen to give itself the ability to freely manage the nation's money supply by choosing Blank______.
Multiple
1 answer
5 views
The supply of Blank______ in the United States essentially is "backed" (guaranteed) by the government's ability to keep its
1 answer
4 views
Which of the following have no intrinsic value?
Multiple select question. Paper currency Coins Checkable deposits Gold and silver
1 answer
9 views
M2 only includes the MMMF accounts held by Blank______.
Multiple choice question. businesses banks the government individuals
1 answer
10 views
Fill in the Blank Question
Fill in the blank question. In the United States, money is the circulating debt of the Federal Reserve
1 answer
17 views
Money market mutual fund companies use the combined funds of individual investors to buy Blank______ such as certificates of
1 answer
10 views
Checkable deposits are the debts or liabilities of which of the following?
Multiple select question. Government Thrift
1 answer
9 views
A deposit in a commercial bank or thrift institution that earns interest and can be withdrawn by the depositor without penalty
1 answer
6 views
Which of the following characterize near-monies?
Multiple select question. Do not function directly as a medium of exchange
1 answer
6 views
The money supply in the United States essentially is "backed" by whose ability to keep the value of money relatively stable?
Mult
1 answer
9 views
Money is a Blank______ of some item or group of items.
Multiple choice question. function stock checkable deposit flow
1 answer
7 views
M2 includes the MMMF account(s) held by which of the following?
Multiple choice question. Thrifts Commercial banks Individuals
1 answer
6 views
A second and broader definition of money includes which of the following?
Multiple choice question. M1 plus several near-monies
1 answer
5 views
What are interest-bearing short-term credit instruments that money market mutual fund companies purchase using the combined
1 answer
8 views
Currency held by commercial banks and thrifts is excluded from the money supply M1, so as to Blank______.
Multiple select
1 answer
7 views
Which of the following describe a time deposit?
Multiple select question. A person can "cash in" a time deposit at any time
1 answer
7 views
Fill in the Blank Question
Fill in the blank question. accept deposits from and lend to members, who usually are a group of
1 answer
7 views
Which of the following are certain highly liquid financial assets that do not function directly or fully as a medium of exchange
1 answer
11 views
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