Econ 101 exam 8, topic 12 actual attempt 1.docx - ECON101_MH_V3Topic 12 Fiscal Policy Started on State Thursday 12:24 PM Finished Completed on Thursday

Econ 101 exam 8, topic 12 actual attempt 1.docx -...

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ECON101_MH_V3Topic 12: Fiscal PolicyStarted onThursday, January 23, 2020, 12:24 PMStateFinishedCompleted onThursday, January 23, 2020, 12:58 PMTime taken33 mins 30 secsGrade55.00 out of 55.00 (100%)Question 1Correct2.75 points out of 2.75Not flaggedFlag questionQuestion textThe decision about the forms in which to hold one's wealth is called the ______ decision.Select one:a. Taylorb. portfolio allocation Correctc. Fisher effectd. life-cycleFeedbackThe correct answer is: portfolio allocationQuestion 2Correct2.75 points out of 2.75Not flaggedFlag questionQuestion text
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Prior to January 2000, the demand for money increased as people anticipated Y2K problems. If the Fed had taken no action to offset this increase in money demand, then nominal interest rates would have:Select one:a. increased. Correctb. decreased.c. remained constant.d. fallen below real interest rates.FeedbackThe correct answer is: increased.Question 3Correct2.75 points out of 2.75Not flaggedFlag questionQuestion textRefer to the figure below. If the Federal Reserve wants to lower the interest rate to 3%, it must ______ the money supply to _____.PictureSelect one:a. increase; 300b. decrease; 300c. increase; 900d. increase; 700 CorrectFeedback
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The correct answer is: increase; 700Question 4Correct2.75 points out of 2.75Not flaggedFlag questionQuestion textLower nominal interest rates ______ the amount of money demanded and a lower price level ______ the amount of money demanded.Select one:a. increase; increasesb. increase; decreases Correctc. increase; does not changed. decrease; decreasesFeedbackThe correct answer is: increase; decreasesQuestion 5Correct2.75 points out of 2.75Not flaggedFlag questionQuestion textRefer to the figure below. If the Federal Reserve wants to raise the interest rate to 7%, it must ______ the money supply to _____.Picture
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Select one:a. increase; 300b. decrease; 300 Correctc. increase; 900d. increase; 700FeedbackThe correct answer is: decrease; 300Question 6Correct2.75 points out of 2.75Not flaggedFlag questionQuestion textThree macroeconomic factors that affect the demand for money are:Select one:a. the nominal interest rate, real income, and the price level. Correctb. the nominal interest rate, capital, and labor.
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