EC141 Final Exam.docx - Question 1 5 5 pts A decrease in...

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Question 15 / 5 ptsA decrease in aggregate demand is likely to result from: An increase in the price levelA decrease in the price levelAn appreciation in the value of the U.S. dollarA decrease in the excess capacity of factories
Question 25 / 5 ptsThe amount of real domestic output that will be purchased at each possible price level is best shown by the:
Question 35 / 5 ptsWhich one of the following is a tool of monetary policy for altering the reserves of commercial banks?
Question 45 / 5 ptsWhich is considered a strength of monetary policy compared to fiscal policy?
Question 55 / 5 ptsThe Federal Reserve System consists of which of the following? Federal Deposit Insurance Corporation and Controller of the CurrencyFederal Open Market Committee and Office of Thrift SupervisionBoard of Governors and the 12 Federal Reserve BanksU.S. Treasury Department and Bureau of Engraving and Printing
Question 65 / 5 ptsAn increase in product price will cause:
Question 75 / 5 ptsWhat is one of the advantages of monetary policy over fiscal policy?
Question 85 / 5 ptsA television report states: "The Federal Reserve will lower the discount rate for the fourth time this year." This report indicates that the Federal Reserve is most likely trying to:
Question 95 / 5 ptsA decrease in government spending will cause a(n): Decrease in the quantity of real domestic output demandedIncrease in the quantity of real domestic output demandedIncrease in aggregate demandDecrease in aggregate demand

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