Assignment 6 - NA
4 Pages

Assignment 6 - NA

Course Number: ECO 2013, Spring 2009

College/University: UCF

Word Count: 1257

Rating:

Document Preview

Assignment #6 - Due Thursday, April 23, 2009 (4:00pm) 1. If the required reserve ratio is 10 percent, a bank with a new deposit of $1,000 a. must keep $100 on reserve and can make up to $900 in new loans. b. must keep $200 on reserve and can make up to $800 in new loans. c. must keep $900 on reserve and can make up to $100 in new loans. d. must keep $1,000 on reserve and can make no additional loans. 2. Money is...

Unformatted Document Excerpt
Coursehero >> Florida >> UCF >> ECO 2013

Course Hero has millions of student submitted documents similar to the one
below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

Course Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

#6 Assignment - Due Thursday, April 23, 2009 (4:00pm) 1. If the required reserve ratio is 10 percent, a bank with a new deposit of $1,000 a. must keep $100 on reserve and can make up to $900 in new loans. b. must keep $200 on reserve and can make up to $800 in new loans. c. must keep $900 on reserve and can make up to $100 in new loans. d. must keep $1,000 on reserve and can make no additional loans. 2. Money is a. valuable because it is backed by gold. b. the item that is commonly used as a means of payment for goods, services, assets, and outstanding debt. c. an asset that can be used to store purchasing power for future use. d. Both b and c are correct. 3. If the Fed wanted to use all three of its major monetary control tools to decrease the money supply, it would a. buy bonds, reduce the discount rate, and reduce reserve requirements. b. sell bonds, reduce the discount rate, and reduce reserve requirements. c. sell bonds, increase the discount rate, and increase reserve requirements. d. buy bonds, increase the discount rate, and increase reserve requirements. 4. Which of the following would be most appropriate if the Federal Reserve wanted to increase the money supply in order to stimulate the economy ? a. buy U.S. securities. b. force the Treasury to reduce the national debt. c. raise the discount rate. d. increase the reserve requirements. 5. Consider the following: I. The M1 money supply reflects the medium of exchange function of money, while the M2 money supply reflects the store of value function of money. II. The M1 money supply is larger than the M2 money supply. a. b. c. d. I is true; II is false. I is false; II is true. Both I and I are true. Both I and II are false. 6. Suppose the Fed purchases $100 million of U.S. securities from the public. If the reserve requirement is 20 percent, the currency holdings of the public are unchanged, and banks have zero excess reserves both before and after the transaction, the total impact on the money supply will be a a. $100 million decrease in the money supply. b. $100 million increase in the money supply. c. $200 million increase in the money supply. d. $500 million increase in the money supply. 7. A bank receives a demand deposit of $1,000. The bank loans out $600 of this deposit and increases its excess reserves by $300. What is the legal reserve requirement? a. 10 percent b. c. d. 20 percent 30 percent 60 percent 8. Assume the reserve requirement is 10 percent. First National Bank has vault cash and deposits with the Fed of $25 million, loans and securities of $175 million, and checking deposits of $200 million. First National a. is not in a position to extend additional loans. b. is in a position to extend $5 million of additional loans. c. is in a position to extend $15 million of additional loans. d. is in a position to extend $25 million of additional loans. 9. If the required reserve ratio were decreased, a. the money supply would tend to decrease, but the outstanding loans of banks would tend to increase. b. both the money supply and the outstanding loans of banks would tend to decrease. c. the money supply would tend to increase, but the outstanding loans of banks would tend to decrease. d. both the money supply and the outstanding loans of banks would tend to increase. 10. Consider the following: I. The Treasury's primary responsibility is to provide a stable monetary environment for the United States. II. The Federal Reserve System issues U.S. securities. a. b. c. d. I is true; II is false. I is false; II is true. Both I and II are true. Both I and II are false. 11. The of velocity money is a. the rate at which the price index for consumer goods rises. b. the multiple by which an increase in government expenditures will cause output to rise. c. set by the Board of Governors of the Federal Reserve System. d. the average number of times one dollar is used to buy final goods and services during a year. 12. The demand curve for money a. shows the amount of money balances that individuals and businesses wish to hold at various interest rates. b. reflects the open market operations policy of the Federal Reserve. c. shows the amount of money that individuals and businesses wish to hold at various price levels. d. reflects the discount rate policy of the Federal Reserve. 13. Which of the following makes it more difficult for monetary policy makers to time policy changes correctly? a. Monetary policy makers cannot act without congressional approval. b. The primary effects of the policy change will not be felt for 6 to 15 months into the future. c. The Board of Governors of the Federal Reserve system does not meet very often. d. Monetary policy affects only the general level of prices; it exerts no impact on real variables such as output and employment. 14. "Monetary instability has been the major cause of economic instability in this country. Expansion in the money supply has been the source of every major inflation. Every major recession has been either caused or perpetuated by monetary contraction." Who among the following would most likely adhere to this view? a. monetarists b. Keynesians c. supply-side economists d. early proponents of the quantity theory of money 15. Persistently expansionary monetary policy that stimulates aggregate demand and leads to inflation will a. lead to higher rates of real output in the long run. b. fail to increase real output once decision makers fully anticipate the inflation. c. lead to lower nominal interest rates once decision makers fully anticipate the inflation. d. permanently reduce the rate of unemployment below its natural rate. 16. The highest interest rates in the world are found in countries a. that have followed a monetary policy that is highly restrictive. b. with governments that have run large budget surpluses. c. with governments that have run sizable budget deficits. d. that have followed an expansionary monetary policy that resulted in high rates of inflation. 17. Cross country data illustrates that rapid expansion in the supply of money over a lengthy period of time (for example, a decade) leads to a. rapid growth of real output. b. a low real rate of interest. c. high rates of inflation. d. an inflow of capital and a high rate of investment. 18. Starting from a position of macroeconomic equilibrium at the full-employment level of real GDP, in the short run an unanticipated increase in the money supply will a. raise real interest rates, lower prices, and reduce real GDP. b. raise real interest rates, lower prices, and leave real GDP unchanged. c. raise nominal interest rates, lower prices, and leave real GDP unchanged. d. lower real interest rates, raise prices, and increase real GDP. 19. "Every major contraction in the U.S. economy has either been created or greatly exacerbated by monetary instability. Every major inflation has been caused by monetary expansion." Which of the following economists made this statement? a. Adam Smith b. John Maynard Keynes c. Milton Friedman d. Paul Samuelson 20. If the amount of money in circulation is $50 billion and the nominal GDP is $150 billion, the velocity of money is a. 0.33. b. c. d. 0.67. 1.5. 3.

Find millions of documents on Course Hero - Study Guides, Lecture Notes, Reference Materials, Practice Exams and more. Course Hero has millions of course specific materials providing students with the best way to expand their education.

Below is a small sample set of documents:

UCF - FIN - 4533
Luiz CentenaroDr. Pradipkumar RamanlalFinancial DerivativesTuesday/Thursday 9:00AMDecember 1st, 2011Does the DoddFrank Wall Street Reform and Consumer Protection Act address theproblem that led to the financial crises?The glamorous 2,300-page Act a
UCF - WOH - 2012
Key TermsHighland verse Lowland MexicoOlmecMaya (Political cycle)Aztec EmpireMesoamericaThe Empire of Mexico: Olmec, Maya, & AztecTwo Worlds1. Highland RegionCentral Mexico. Mountains, valleys, plateaus, arid(desert in some areas) Heart of region
UCF - WOH - 2012
Luiz CentenaroWOH 2012Assignment 3I chose Socrates and Buddha. They are very similar in many ways. This quotefrom Socrates; Having the fewest wants, I am nearest to the gods. And a Buddhistquote, You only lose what you cling to. These quotes are very
UCF - WOH - 2012
How people in 100BC-44BC viewed Julius CaesarCaesar, Pompey, Crassus formed the first TriumvirateCaesar conquered land and built his wealthCaesar disregarded the authority of the Senate and crossed the Rubicon river withhis armyCaesar defeated republ
UCF - WOH - 2012
JapanThe rise of Imperial Power & the transition to the militaryBig Island Nation, Mountainous, Wet, near fault lineDiffering climes, independent politically, navy + fishing, 17% arable land(Terraces, Kanto Plain) Rice culture, Earthquake mentality. (
UCF - WOH - 2012
Luiz BoyleWOH 2012: World Civilizations, Section 0006Christopher Beats Tue/Thu- 3pm-4:15pm1. Just like earlier Mesopotamian cultures Persians had urbanized civilizations; theyhad a specialization of function and functioned around a central power. The
UCF - WOH - 2012
1. We know for certain that Mohenjo-Daro relied on the Indus river's annual flooding for survival.Without the Indus river's flooding the soil would be silt less and it would be impossible to growcrops. They also constructed settlements out of mud and br
UCF - WOH - 2012
World Civilization Overview 4000 years in 20 minutesUnification TheoryHistory is about changeInteraction, geography, ect. Change the way people think, live and behaveThis class has been a class about human social development & the way in which societi
UCF - EUH - 2000
COURSES > WESTERN CIVILIZATION, BRIEF: 6/E - PERRY > COURSE MATERIALS > REVIEW ASSESSMENT: PRACTICE AND STUDYQUESTIONS EXAM # 1Review Assessment: Practice and Study Questions Exam # 1Name:Practice and Study Questions Exam # 1Status :CompletedScore:
UCF - EUH - 2000
Question110 of 10 pointsAll of the following indicate the Renaissance age as an era of transition between themedieval and the modern age exceptSelected Answer:Question2Lorenzo Valla's dating of the Donation of Constantine.10 of 10 pointsThe Rena
UCF - EUH - 2000
Luiz CentenaroEUH 2000April 14th 2009The fall of Rome in the WestThe fall of the Roman Empire in the west is a significant ordeal. The RomanEmpire was a complex system of governmental administration over an immense areawith diverse people. Rome was
UCF - EUH - 2000
Question110 of 10 pointsThe Greek term "arte" meansSelectedAnswer:Question2excellence.10 of 10 pointsThe Mycenaean civilization thrived during the yearsSelectedAnswer:Question314001230B.C.0 of 10 pointsRomans were shocked by their defeat
UCF - ENC - 1101
Luiz CentenaroENC 1101Kelly Scott10/23/08CapitalismDemocracy, the first thing that comes to mind is the American dream, the pursuitof happiness and the idea that every hard working person can become successful.Democracy to me means equal rights und
UCF - ENC - 1101
How would you like having a National Identification Card, an Id that is necessaryfor everything we do, an Id capable of tracking individuals? Whether you like it or not itscoming, and its called the Real ID Act of 2005 and was signed into law by Preside
UCF - ENC - 1101
Luiz CentenaroENC 1101Kelly Scott11/21/08Review of Yamaha FZ6The Yamaha FZ6, also know as the Fazer, has it all. Its a multipurpose bike thatwill get you to school, work, and all around town; but still satisfies your crave for speedwith its 600cc e
UCF - ENC - 1101
Luiz CentenaroENC 1101Kelly ScottJanuary 15th 2009I am always attempting to persuade someone either to benefit me or to actuallyhelp them. The most recent example would be trying to persuade two good friends tomove to an off campus apartment rather
UCF - ENC - 1102
Luiz CentenaroENC 1102Kelly ScottFebruary 2nd 2009Ron Pauls speech at Rally for the Republic has many qualities of a greatargument. Ron Paul delivers his message that the American Republic hangs by a thread,but we can turn it all around. Congressmen
UCF - ENC - 1102
Luiz CentenaroENC 1102Kelly ScottMarch 5th 2009Article one of the Universal Declaration of Human Rights states all humanbeings are born free and equal in dignity and rights. In a perfect world this may be truebut our world is far from perfect. The s
UCF - ENC - 1102
Luiz CentenaroENC 1102Kelly ScottApril 23rd 2009The Solution to Inequality and Poverty?Social inequality is always going to be prevalent in this world. We do not live inthe game monopoly where everyone starts with an equal amount of money and equal
Queens University - ANP - 101
UConn - ECON - 1202
aggregatesupplyanddemand23:02QuantitysuppliedandsupplyThequantityofrealgdpsuppliedishetotalquantitythatfirmsplantoproduceduringa givenperiodAggregatesupplyistherelationshipbetweenthequantityofrealgdpsuppliedandthe pricelevelLongrunaggregatesupplyT
CUNY Baruch - ECO - 1001
Chapter 2 ECO 1001Multiple ChoiceIdentify the choice that best completes the statement or answers the question.Figure 2-1_B_ 1. Refer to Figure 2-1. Which arrow represents the flow of goods and services?a. Ab. Bc. Cd. D_C_ 2. Refer to Figure 2-1.
Bowling Green - FIN - 3000
time linean important tool used in time value analysis; it is a graphical representation used toshow the timing of cash flowsfuture value (FV)the amound to which a cash flow or series of cash flows will grow over a given periodof time when compounded
Bowling Green - FIN - 3000
proxyproxy fighttakeoverpreemptive rightclassified stockfounders' sharesmarginal investormarket price, Pogrowth rate, grequired rate ofreturn, rsexpected rate ofreturn, r-hat sactual (realized)rate of return, rsquiggle xdividened yieldcap
Bowling Green - FIN - 3000
liquid assetan asset that can be converted to cash quickly without having to reduce the asset'sprice very muchliquidity ratiosratios that show the relationship of a firm's cash and other current assets to its currentliabilitiescurrent ratiothis rat
Bowling Green - ECON - 2020
MICROECONOMICS VOCABULARY WORDSChapter 11. Scarcity- the limited nature of societys resources2. Economics- the study of how society manages its scarce resources3. Efficiency- the property of society getting the most it can from its scarce resources4.
Bowling Green - ECON - 2020
Microeconomics Vocabulary- Exam 2Chapter 71. Welfare Economics- the study of how the allocation of resources affects economic wellbeing2. Willingness to Pay- the maximum amount that a buyer will pay for a good3. Consumer Surplus- the amount a buyer is
Bowling Green - MGMT - 3000
inventorya supply of items held by a firm to meet demandraw materials and components items that are bought from supplier to use in the production of apartsproductwork in process inventoryinventory that is in the production processfinished goods inv
Bowling Green - MGMT - 3000
demand planningthe combined process of forecasting and managing customer demands tocreate a planned pattern of demand that meets the firm's operational andfinancial goalsdemand forecastinga decision process in which managers predict demand and make o
Bowling Green - ECON - 3110
balance sheeta statement showing an individual's or firm's financial position at a point intime. it lists assets, liabilities, and net worthbank assetscash items and funds used in securities investments, loans, and other assetholdings by the bankloa
UGA - INTL - 3200
CLASS NOTES: INTL 3200 (McAllister)1August 19, 2009 - The Building Block of IR99% of social science is simple stuff in complicated vernacularTheory - some good, some bunk- problems that we face in International Relations- they are a pain in the butt
UGA - CLAS - 1020H
CLAS1020HDr. Nicholson- Theogony, like all the other texts we read, were originally written in verse (translated inprose)-Rebirth of literacy in Greece c750BC (same time as Hesiod and Homer) Greeks used to have different language in the Bronze Age,
UGA - CLAS - 1020H
CLAS1020HPost-Exam 2 NotesDr. NicholsonWednesday, October 13, 2010:Jason and the Argonauts- group adventure- Jason evolves as an anti-hero- Late; eclectic story (lots of different pieces strung together) text Apollonius ofRhodesBackground:See Gl
UGA - CLAS - 1020H
CLAS1020H POST_EXAM 1Monday, Sept 13, 2010:Heroes and Heroic Journeys*Hero = demigod*1. Perseus2. Hercules3. Theseus4. JasonEtc. (most of the individuals in Trojan War were heroes)NicholsonHeroic Motifs- Extraordinary birth and childhood know a
UGA - CLAS - 1020H
CLAS1020HPost Exam 3Wednesday, November 10, 2010: Trojan WarDr. NicholsonThree eras- Gods myth- Heroes (=demigods) legend- Perseus- Hercules, Theseus, Jason- Leaders in Trojan War- some of the Argonauts sons were in the Trojan War- Men histo
UGA - GEOG - 1111
NOTES: Post-Exam 3GEOG1111: Matthew Miller1Tuesday, April 6, 2010:*NOTE: NO CLASS Thursday, April 15*- KNOW MAP OF AFRICA for EXAM 4- SHOULD GET THROUGH RIVER SYSTEMS for 4th EXAMTHE DYNAMIC PLANET CHAPTER 11Fig 11.1 Geologic Time scale key thing
UGA - GEOG - 1111
GEOGRAPHY 1111 - EXAM 3 KEY TERMSChapter 10Key Terms:Weather - conditions of the atmosphere at any given time and place (conditions right now, notoverall trends)Climate - weather patterns over time; long-term trends in weather patterns over time;- P
UGA - GEOG - 1111
Geography 1111- Introduction to Physical GeographyTerm ListMillerChapter 1:Terms:Location, region, human-earth relationships, movement, place, open system, closed system, steadystate equilibrium, dynamic equilibrium, atmosphere, hydrosphere, lithosph
UGA - GEOG - 1111
GEOG 1111 (T/R 11:00-12:15), Matthew Miller Class Notes1Thursday, January 7, 2009:Introduction:- 7th edition of the Christopherson (black, < yr old; 2009): dont have to have the 7th edi tion; CD NOT Required; if get an older edition, will have the inf
UGA - GEOG - 1111
GEOG1111: POST-2nd EXAMMatthew MillerCHAPTER 10: GLOBAL CLIMATE SYSTEMS:Thursday, March 4, 2010:Climate:- Climates are the patterns of weather that a place experiences over time (years)-> Climates deal with long-term trends- Climates are very diver
UGA - INTL - 3200
INTL 3200 McAllister Lecture Notes1Monday, Sept 14, 2009 (Grotius) - LIBERALISM->*Liberals Does NOT mean:- a political party (of the U.S. or any other country)- economic policy-> NOT idealogical/economical-> *is what Carr referred to as utopianism
UGA - INTL - 3200
CLASS NOTES: INTL 3200 (McAllister)1August 19, 2009 - The Building Block of IR99% of social science is simple stuff in complicated vernacularTheory - some good, some bunk- problems that we face in International Relations- they are a pain in the butt
UGA - INTL - 3200
Monday, Oct 12, 2009- TicknerRoadmap:- Feminism as a Discipline- Tickners meta-disciplinary analysis- Petersons functional ApproachFeminism has been around even longer than liberalism -> straw man argumentDifferent types of feminism:In early days,
UGA - INTL - 4320
1INTL 4320POST-MIDTERM NOTESSp 2012 switching gears to focus on international aidInternational Factors: Development Assistance and Loans guys like Easterly have highlighted problems with international aid (dependencytheory, etc) *the claim that ai
UGA - INTL - 4320
Politics of DevelopmentDr. KryzanekSpring 2012Monday, January 9, 2012:- they have done a terrible job scheduling has to teach a class in the Geography buildingby 10:10 so if have questions, try to get here before or go to office hours- map of GDP pe
UGA - INTL - 4220
Outline of L&T Book: Key Concepts (bolded headings,subheadings, and italicized terms)*Chapter 2: System Level* *Realist Theories* states exist in a state of anarchy power/security of each individual state is most important goal(depends on the variati
UGA - INTL - 4220
INTL4220Post-MidtermDr. Brock TessmanTuesday, March 22, 2011:- Midterms back to you on Thursday. So farso good. (Mean generally about 80 lookslike on track)- Middle E in transition lecture: Thursday at 3:30pm (MLC 171)- Libya updates and assessment
UGA - INTL - 4220
Brock TessmanINTL 4220: International ConflictSpring 2011Thursday, January 13, 2011:- Tessman teaches classes in international conflict, grand strategy, security studies- Old school thinker all sorts of international conflict (terrorism, civil war (b
UGA - INTL - 4250
INTL 4250: American Foreign PolicyDr. WiardaTuesday, Aug 17, 2010:*will be very strict about attendance in this class will sit alphabetically, and willlock doors at 8:02* same number of unexcused absences allowed for us as are allowed for Prof Wiarda
UGA - INTL - 4250
INTL4250 Post MidtermDr. Howard WiardaTuesday, October 19, 2010:- new textbook Xerox copy $21 at the UGA bookstore- this portion of the course deals with the international arena- *the key to the whole 2nd half of the semester is to see how what youl
UGA - INTL - 4440
Tuesday, October 12, 2010:Counterintelligence: Attempts to prevent terrorists and other rogue nations from gainingintelligence-James Angleton in charge of counterintelligence for some 20 yrs learned atthe feet of MI6 (was in OSS), went to Italy (lear
UGA - INTL - 4440
INTL4440 Strategic IntelligenceDr. Loch JohnsonTuesday, August 17, 2010:- now about 380 courses on Strat Intel 20 years ago, would have been 0- intel field follows a system called compartmentation didnt want people toknow too much so defection is not
UGA - INTL - 4460
Thursday, Feb 4, 2010:Cooperative Threat Reduction: G8 Global Partnership- the nature of nonproliferation has changed over the course of its history- shift from USSR vs Russia to question of where could easily acquire the bomb- COCOM designed to preve
UGA - INTL - 4460
Thursday, Jan 7, 2010Dmitriy Nokonov,no doubt will talk about arms control and disarmament -> also added a section onnonproliferation*This course is about WMD - the danger it causes- how we can preventTuesday, Jan 12, 2010NOTE: this is not going to
UGA - MUSI - 2200H
67. Schoenberg and the Viennese SchoolArnold Schoenberg (1874-1951):- Austrian composer, conductor, teacher, articst- Largely self-taught- Felt that tonality had reached end of its creative limits-Schoenbergs Music:Three Style period:- Early-post-
UGA - PADP - 6910
PADP 6910: Public Administration & DemocracySpring 2011Dr. Brian N. WilliamsTuesdays, 3:30 - 6:15 pm251 MLCInstructor AvailabilityOffice hours: Tues. 1:45pm 3:00pm or by appt.E-mail:bnwillia@uga.eduOffice: 411 BaldwinPhone: 706-542-7816Course D
UGA - PADP - 6910
PADP6910: Public Admin and Dem Dr. Brian WilliamsSpring 2011- syllabus everyone responsible for presentation of a chapter- utilize the overview sheet that Dr. Williams will email out ahead of timeDr. Brian Williams411 Baldwin HallOffice Phone: 706-5
UGA - PADP - 6910
1PADP 6910 Post Midterm NotesTuesday, February 22, 2011:The Politics of the Administrative Process today, talking about how politics is at the core of the administrative process kindathrowing Wilsons policy-administration dichotomy to the wind going
UGA - PADP - 6910
Alexandra HebdonPADP6910February 21, 2011PresentationOverviewKettl and Fessler Chapter 1:Politics and AdministrationOverviewKettl and Feslers arguments are based on two central premises: 1) that thePolicy-Administration does not exist, and 2) it
UGA - PADP - 6910
Alexandra HebdonPADP 6910Dr. Brian Williams22 February 2011Kettl and Fesler: An Overview of Politics and AdministrationDonald Kettls and James Feslers discussion of public administration is founded upontwo major premises: 1) the Policy-Administratio
UGA - PADP - 6910
PADP6910: Public Admin and Dem Dr. Brian WilliamsSpring 2011- syllabus everyone responsible for presentation of a chapter- utilize the overview sheet that Dr. Williams will email out ahead of timeDr. Brian Williams411 Baldwin HallOffice Phone: 706-5