Question 1

Whats defention of terms:
-deflation

Accepted Answer

overall falling prices

Question 2

Describe the structure of the Federal Reserve.
-Draw a "map" of the basic structure of the Federal Reserve system.

Accepted Answer

The answer of Describe the structure of the Federal Reserve.
-Draw...

Question 3

Whats defention of terms:
-Federal Deposit Insurance Corporation

Accepted Answer

The answer of Whats defention of terms:
-Federal Deposit Insurance Corporation...

Question 4

Whats defention of terms:
-Federal Open Market Committee

Accepted Answer

has the function of buying and selling government bonds on the open market

Question 5

Compare and contrast the debates about money and monetary policy in the U.S. economy
-What are the criticisms of monetarism? How do these impact conclusions about the conduct of monetary policy?

Accepted Answer

The answer of Compare and contrast the debates about money...

Question 6

Compare and contrast the debates about money and monetary policy in the U.S. economy
-How does the focus on production for money profits introduce instability into the economy? Explain.

Accepted Answer

The answer of Compare and contrast the debates about money...

Question 7

Describe a brief history of the evolution of the Central Bank and the Federal Reserve.
-List and describe key policies implemented to increase stability in the banking sector.

Accepted Answer

The answer of Describe a brief history of the evolution...

Question 8

Whats defention of terms:
-panic

Accepted Answer

The answer of Whats defention of terms:
-panic...

Question 9

List the tools used by the Federal Reserve, and discuss how and why they are used in periods of recession and inflation.
-What are the three main tools used by the Federal Reserve to affect inflation or un?employment?

Accepted Answer

The answer of List the tools used by the Federal...

Question 10

During a recession, the Federal Reserve may try to lower interest rates by

Accepted Answer

A)   increasing the required reserve ratio.
B)   selling government bonds to banks or individuals.
C)   buying government bonds from banks or individuals.
D)   sending directives to bank officials.

Question 11

Whats defention of terms:
-lender of last resort

Accepted Answer

the Federal Reserve, in times of financial panic, can lend money to banks if necessary

Question 12

According to progressives, the role of money in capitalism differs from that in precapitalism economies in that

Accepted Answer

A)   commodities are exchanged for commodities.
B)   commodities are exchanged for money, then money is exchanged for other commodities.
C)   money is exchanged for commodities, then these commodiites are exchanged for more money.
D)   money is exchanged for money

Question 13

Whats defention of terms:
-nominal spending

Accepted Answer

The answer of Whats defention of terms:
-nominal spending...

Question 14

Whats defention of terms:
-federal funds rate (FFR)

Accepted Answer

The answer of Whats defention of terms:
-federal funds rate (FFR)...

Question 15

Whats defention of terms:
-monetarism

Accepted Answer

The answer of Whats defention of terms:
-monetarism...

Question 16

Whats defention of terms:
-monetary policy

Accepted Answer

The answer of Whats defention of terms:
-monetary policy...

Question 17

Compare and contrast the main views of monetary policy.
-What should the Federal Reserve do according to conservatives economists?

Accepted Answer

The answer of Compare and contrast the main views of...

Question 18

The Federal Reserve makes loans to individual banks at an interest rate

Accepted Answer

A)   called the federal funds rate.
B)   called the discount rate
C)   called the prime rate
D)   called the rate of last resort.

Question 19

Monetary policy may be defined as

Accepted Answer

A)   a policy designed to increase or decrease the flow of money and credit.
B)   a policy designed to increase or decrease the ability of consumers to spend money.
C)   a policy designed to increase the convertability of paper money into gold.
D)   a policy designed to develop money that is more resistant to counterfeiters.

Question 20

Discuss the evolution and impact of regulation and deregulation of the financial system.
-What are the progressive arguments for not deregulating the banks?

Accepted Answer

The answer of Discuss the evolution and impact of regulation...

Exam 51: Monetary Policy

Whats defention of terms: -deflation

Correct Answerverifiedoverall falling prices

Describe the structure of the Federal Reserve. -Draw a "map" of the basic structure of the Federal Reserve system.

Correct AnswerverifiedShow Answer

Whats defention of terms: -Federal Deposit Insurance Corporation

Correct AnswerverifiedShow Answer

Whats defention of terms: -Federal Open Market Committee

Correct Answerverifiedhas the function of buying and selling government bonds on the open market

Compare and contrast the debates about money and monetary policy in the U.S. economy -What are the criticisms of monetarism? How do these impact conclusions about the conduct of monetary policy?

Correct AnswerverifiedShow Answer

Compare and contrast the debates about money and monetary policy in the U.S. economy -How does the focus on production for money profits introduce instability into the economy? Explain.

Correct AnswerverifiedShow Answer

Describe a brief history of the evolution of the Central Bank and the Federal Reserve. -List and describe key policies implemented to increase stability in the banking sector.

Correct AnswerverifiedShow Answer

Whats defention of terms: -panic

Correct AnswerverifiedShow Answer

List the tools used by the Federal Reserve, and discuss how and why they are used in periods of recession and inflation. -What are the three main tools used by the Federal Reserve to affect inflation or un?employment?

Correct AnswerverifiedShow Answer

During a recession, the Federal Reserve may try to lower interest rates by

Correct AnswerverifiedShow Answer

Whats defention of terms: -lender of last resort

Correct Answerverifiedthe Federal Reserve, in times of financial panic, can lend money to banks if necessary

According to progressives, the role of money in capitalism differs from that in precapitalism economies in that

Correct AnswerverifiedShow Answer

Whats defention of terms: -nominal spending

Correct AnswerverifiedShow Answer

Whats defention of terms: -federal funds rate (FFR)

Correct AnswerverifiedShow Answer

Whats defention of terms: -monetarism

Correct AnswerverifiedShow Answer

Whats defention of terms: -monetary policy

Correct AnswerverifiedShow Answer

Compare and contrast the main views of monetary policy. -What should the Federal Reserve do according to conservatives economists?

Correct AnswerverifiedShow Answer

The Federal Reserve makes loans to individual banks at an interest rate

Correct AnswerverifiedShow Answer

Monetary policy may be defined as

Correct AnswerverifiedShow Answer

Discuss the evolution and impact of regulation and deregulation of the financial system. -What are the progressive arguments for not deregulating the banks?

Correct AnswerverifiedShow Answer

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overall falling prices

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has the function of buying and selling government bonds on the open market

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the Federal Reserve, in times of financial panic, can lend money to banks if necessary

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