Questions and answers by

Praise Jesus

Questions (323)

From where does the president select the chairperson and vice-chairperson of the Board of Governors?Multiple choice question.
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Which of the following are benefits of the long-term appointments of Board members?Multiple select question. Stability of
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The banking crisis of 1907 inspired the creation of the Blank______.Multiple choice question. Federal Reserve Act of 1913 US
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Fill in the Blank QuestionFill in the blank question. Terms for members of the Board of Governors are years and staggered so
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Multiple Select QuestionSelect all that apply Which of the following were deemed by Congress in the early 20th century to be
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Fill in the Blank QuestionFill in the blank question. The U.S. selects the chairperson and vice-chairperson of the Board of
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Fill in the Blank QuestionFill in the blank question. The long-term appointments provide the Board with continuity, experienced
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Fill in the Blank QuestionFill in the blank question. The banking crisis of 1907 motivated Congress to appoint the National
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Multiple Choice QuestionWhat is the relationship between the Board of Governors of the Federal Reserve System and the 12 Federal
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Multiple Choice QuestionEarly in the 20th century, Congress decided that Blank______ and public control were essential for an
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Multiple Select QuestionSelect all that apply Which of the following are problems that occurred with decentralized, unregulated
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Multiple Choice QuestionThe central authority of the U.S. money and banking system is the Blank______. Multiple choice question.
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Multiple Choice QuestionPrior to the centralization and public control of U.S. banks, who was charged with creating and
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Multiple Choice QuestionThe banking crisis of 1907 inspired the creation of the Blank______. Multiple choice question. Federal
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Multiple Choice QuestionWhich of the following is the major goal of the Federal Reserve? Multiple choice question. To control
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Multiple Select QuestionSelect all that apply Which of the following were deemed by Congress in the early 20th century to be
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Multiple Choice QuestionIn the United States, the monetary authorities are members of the Board of Governors of what
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Multiple Choice QuestionWhat action did Congress take as a result of problems with monetary mismanagement and confusion due to
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Fill in the Blank QuestionFill in the blank question. Price level stability necessitates intelligent management or regulation of
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Multiple Choice QuestionPrior to the Blank______ of the U.S. banking system, no single entity was charged with creating and
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Multiple Choice QuestionThe Fed's major goal is to control Blank______. Multiple choice question. the money supply credit
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Multiple Select QuestionSelect all that apply Which two of the following are necessary for price level stability? Multiple
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Fill in the Blank QuestionFill in the blank question. In the United States, the monetary authorities are members of the Board of
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Multiple Choice QuestionAn economy can effectively employ money as a unit of account only when its purchasing power is what?
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Multiple Choice QuestionStabilization of the purchasing power of a nation's money requires stabilization of the nation's price
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Multiple Choice QuestionThe value of the dollar equals what? Multiple choice question. One divided by the price level Two
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Multiple Choice QuestionRapid declines in the value of a currency may cause Blank______. Multiple choice question. inflation it
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Multiple Choice QuestionAppropriate fiscal policy that is supportive of efforts of the nation's monetary authorities is meant to
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Multiple Choice QuestionWhat happens to the value of money as a result of hyperinflation? Multiple choice question. Disinflation
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Multiple Choice QuestionAn economy can effectively employ money as a unit of account only when its purchasing power is
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Fill in the Blank QuestionFill in the blank question. The value of the dollar equals one divided by the level expressed as an
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Fill in the Blank QuestionFill in the blank question. Rapid declines in the value of a may cause it to cease being used as a
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Multiple Select QuestionSelect all that apply Which of the following is a result of hyperinflation? Multiple select question. An
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Fill in the Blank QuestionFill in the blank question. The amount of goods and services a dollar will buy varies with the price
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True or False QuestionTrue or false: Hyperinflation may cause stable currencies such as the U.S. dollar or the European euro to
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Multiple Choice QuestionWhat happens when the consumer price index, or "cost-of-living" index rises? Multiple choice question.
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Multiple Choice QuestionMoney derives its value from its scarcity relative to its Blank______. Multiple choice question. utility
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Multiple Choice QuestionThe value of the dollar equals what? Multiple choice question. Two divided by the price level One
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Multiple Choice QuestionThe value of money, like the economic value of anything else, depends on what? Multiple choice question.
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Fill in the Blank QuestionFill in the blank question. If the price level doubles, the value of the dollar declines by %.
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Multiple Choice QuestionWhy is there an inverse relationship between the purchasing power of the dollar and the price level?
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Multiple Choice QuestionWhat is the nature of the relationship between the amount of goods and services a dollar will buy and
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Multiple Choice QuestionThe amount of goods and services a unit of money will buy is called Blank______. Multiple choice
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Fill in the Blank QuestionFill in the blank question. When the consumer price index, or "cost-of-living" index rises, the
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Multiple Select QuestionSelect all that apply The economy's demand for money depends on which two of the following? Multiple
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Fill in the Blank QuestionFill in the blank question. Money derives its value from its relative to its utility (its
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Fill in the Blank QuestionFill in the blank question. The value of money, like the economic value of anything else, depends on
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Fill in the Blank QuestionFill in the blank question. The reason there is an inverse relationship between the purchasing power
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Multiple Choice QuestionWhy is there an inverse relationship between the purchasing power of the dollar and the price level?
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Fill in the Blank QuestionFill in the blank question. General of paper currency in exchange is more important than the
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Fill in the Blank QuestionFill in the blank question. The power of money is the amount of goods and services a unit of money
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Multiple Choice QuestionOur confidence in the acceptability of paper money is strengthened because the government has designated
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Multiple Choice QuestionWhich of the following depends on the total dollar volume of transactions in any period as well as the
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Multiple Choice QuestionBecause people accept them as money, Blank______ and Blank______ deposits are money. Multiple choice
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Multiple Choice QuestionMoney derives its value from its scarcity relative to its Blank______. Multiple choice question. utility
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Multiple Select QuestionSelect all that apply Which of the following are reasons that currency and checkable deposits are money
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Multiple Choice QuestionThe value of money, like the economic value of anything else, depends on what? Multiple choice question.
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Multiple Select QuestionSelect all that apply Which of the following have no intrinsic value? Multiple select question. Coins
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Multiple Choice QuestionWhich of the following statements is true? Multiple choice question. General acceptance of paper
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Fill in the Blank QuestionFill in the blank question. The government's monetary authorities attempt to provide the amount of
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Fill in the Blank QuestionFill in the blank question. Our confidence in the acceptability of paper money is strengthened because
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Multiple Choice QuestionIf the government backed the currency with something tangible like gold, then the Blank______. Multiple
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Multiple Choice QuestionWhy are currency and checkable deposits money? Multiple choice question. Because they indicate a
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Multiple Select QuestionSelect all that apply Which of the following are benefits of the government's decision to not back
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Multiple Choice QuestionThe three reasons that currency and checkable deposits are money and hold value are acceptability, legal
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Fill in the Blank QuestionFill in the blank question. The government has chosen to give itself the ability to freely manage the
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Fill in the Blank QuestionFill in the blank question. Paper currency and checkable deposits have no (intrinsic/extrinsic) value.
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Multiple Select QuestionSelect all that apply The government's monetary authorities attempt to provide the amount of money
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Multiple Choice QuestionPaper money or currency in the United States represents whose debt? Multiple choice question.
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Which of the following are certain highly liquid financial assets that do not function directly or fully as a medium of exchange
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The government has chosen to give itself the ability to freely manage the nation's money supply by choosing Blank______.Multiple
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The supply of Blank______ in the United States essentially is "backed" (guaranteed) by the government's ability to keep its
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Which of the following have no intrinsic value?Multiple select question. Paper currency Coins Checkable deposits Gold and silver
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M2 only includes the MMMF accounts held by Blank______.Multiple choice question. businesses banks the government individuals
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Fill in the Blank QuestionFill in the blank question. In the United States, money is the circulating debt of the Federal Reserve
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Money market mutual fund companies use the combined funds of individual investors to buy Blank______ such as certificates of
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Checkable deposits are the debts or liabilities of which of the following?Multiple select question. Government Thrift
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A deposit in a commercial bank or thrift institution that earns interest and can be withdrawn by the depositor without penalty
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Which of the following characterize near-monies?Multiple select question. Do not function directly as a medium of exchange
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The money supply in the United States essentially is "backed" by whose ability to keep the value of money relatively stable?Mult
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Money is a Blank______ of some item or group of items.Multiple choice question. function stock checkable deposit flow
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M2 includes the MMMF account(s) held by which of the following?Multiple choice question. Thrifts Commercial banks Individuals
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A second and broader definition of money includes which of the following?Multiple choice question. M1 plus several near-monies
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What are interest-bearing short-term credit instruments that money market mutual fund companies purchase using the combined
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Currency held by commercial banks and thrifts is excluded from the money supply M1, so as to Blank______.Multiple select
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Which of the following describe a time deposit?Multiple select question. A person can "cash in" a time deposit at any time
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Fill in the Blank QuestionFill in the blank question. accept deposits from and lend to members, who usually are a group of
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Which of the following are certain highly liquid financial assets that do not function directly or fully as a medium of exchange
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Savings and loan associations, mutual savings banks, and credit unions are known collectively and specifically as Blank______.Mu
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A "stock" of some item or group of items is called what?Multiple choice question. Money Income Economics Investment
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True or false: Money supply M1 includes all components of M2.True false question. True False
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Which of the following are primary depository institutions that accept deposits of households and businesses, keep money safe
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Why is currency held by the U.S. Treasury, the Federal Reserve Banks, commercial banks, and thrift institutions excluded from M1
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What is the relationship between commercial banks and thrift institutions?Multiple choice question. Thrift institutions are
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Which type of financial institution accepts deposits and lends to "members," who are usually a group of people working for the
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What is meant by the term "thrifts"?Multiple select question. Credit unions Mutual savings banks Commercial banks Checkable
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Fill in the Blank QuestionFill in the blank question. Commercial bank provide short-term financial capital to businesses, and
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Money is a Blank______ of some item or group of items.Multiple choice question. function flow checkable deposit stock
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Which of the following are direct roles of commercial banks?Multiple select question. Accept deposits of households and
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Which of the following are true statements? (Check all that apply.)Multiple select question. Credit unions are an example of a
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