Which of the following is not a tool the Fed uses to manage the money supply?
A) open market operations
B) setting the discount rate
C) setting reserve requirements for deposits in the banking system
D) expanding and contracting deposit insurance
D
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Real GDP in 2015 is $10 trillion. Between 2015 and 2016, using 2015 prices, GDP grew 3 percent and using 2016 prices real GDP grew 7 percent. Using the chain-weighted output index method, real GDP in 2016 is ________ trillion
A) $10.5 B) $11 C) $10.1 D) $12.72
All of the following were reasons that the Fed increase the required reserve ration in 1936 EXCEPT:
A) concerns over the possibility of future inflation B) to eliminate the high level of excess reserves C) fears that the economy was overheating D) concerns over a speculative bubble
A baseball player who is currently batting .350 will increase his batting average on a day that he goes _____ at the plate
a. 1 for 4. b. 1 for 3. c. 2 for 5. d. 2 for 6.
A bank currently has checkable deposits of $100,000, total reserves of $30,000, and loans of $70,000. If the required reserve ratio is lowered from 20 percent to 15 percent, this bank can increase its loans by:
A. $10,000. B. $15,000. C. $75,000. D. $5,000.