chap 15 - Score: 1/1 7. Fidelity, Putnam, Dreyfus, and...

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1.   The members of the Federal Reserve Board:    Student Response Value Correct Answer Feedback A. serve seven-year  terms.      B. are appointed by the  American Economic  Association.      C.  are elected by votes  of the 12 presidents  of the Federal  Reserve Banks. 0%       D.  serve 14-year terms.      Score: 0/1    2.   Other things equal, an excessive increase in the money supply will:    Score: 1/1    3.  
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Assuming no other changes, if checkable deposits increase by $40 billion and currency in circulation decreases  by $40 billion, the:    Score: 1/1    4.   Smart cards sold by retailers, such as single-store gift cards and prepaid phone cards, are known as:    Score: 1/1    5.   A $70 price tag on a sweater in a department store window is an example of money functioning as a:   
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  Score: 1/1    6.   Which one of the following is true about the U.S. Federal Reserve System? 
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Unformatted text preview: Score: 1/1 7. Fidelity, Putnam, Dreyfus, and Kemper are examples of mutual fund companies. Score: 1/1 8. In January 2008, the supply of money ( M 1) in the United States was about: Score: 1/1 9. A $20 bill is a: Score: 0/1 10. Answer the next question(s) on the basis of the following list of assets: 1. Large ($100,000 and over) time deposits 2. Noncheckable savings deposits 3. Currency (coins and paper money) 4. Small (under $100,000) time deposits 5. Stock certificates 6. Checkable deposits 7. Money market deposit accounts 8. Money market mutual fund balances held by individuals 9. Money market mutual fund balances held by businesses Refer to the above list. The M 2 definition of money comprises: Score: 1/1...
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chap 15 - Score: 1/1 7. Fidelity, Putnam, Dreyfus, and...

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