Study Questions Ch.15-20

Study Questions Ch.15-20 - Fin 307 L Pierson Doti MVH 3...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Fin 307 L. Pierson Doti MVH 3 Study Questions Chapters 15 – 20 For short answer self-test, take the interactive quizzes at http://money.swcollege.com http://money.swcollege.com The Federal Reserve and the Financial System Chapter 15 a. What are typical central bank tasks? Explain how the Fed fulfills these jobs. 2. Describe each of the major assets on the Fed’s balance sheet. 3. Describe each o f the major liabilities on the Fed’s balance sheet. 4. What are the most important assets of the Fed? 5. Which assets and liabilities of the Fed relate to check clearing? Terms to Know Chapter 15 US Treasurys US Agency securities Discount window loans Gold certificates SDR Cash items in process FR Notes Reserve deposits US Treasury deposits Deferred availability cash items FR equity Treasury tax and loan accounts Fiscal agent US savings bonds Banker’s bank Lender of last resort ATM Wire transfer Demand for Money Chapter 16 1. Define “money demand.” 2. What are the two most important factors affecting the demand for money? 3. Describe the “crude quantity theory of money.” 4. Explain the modern version of MV=PY. 5. Explain the Cambridge “k.” 6. Describe each of the three Keynesian reasons to hold money. 7. Draw and explain the demand for money graph. 8.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This test prep was uploaded on 04/16/2008 for the course FIN 307 taught by Professor Piersondoti during the Spring '08 term at Chapman University .

Page1 / 4

Study Questions Ch.15-20 - Fin 307 L Pierson Doti MVH 3...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online