Macro - (1 In an inflationary period the money supply can be restrained by the Fed securities A selling(2(3(4 The basic concepts for the Fed to

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(1) In an inflationary period the money supply can be restrained by the Fed _______________ securities. A selling (2) (3) (4) The basic concepts for the Fed to implement an “tight money” policy would include A Federal Reserve sells securities In this example the Fed’s “well thought out” version of an Open Market Operation returns the economy to a non-inflationary, fully employed economy with a Real Production GDP of $__________ billion. C 5000 (5) (6) Monetary policy is determined by the Fed, but must be coordinated with the _________ policy through U.S. Treasury operations. A fiscal
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(1) In an inflationary period the money supply can be restrained by the Fed _______________ securities. A selling (2) (7) ___________________ _ are the paper money issued by the Fed that is the currency in circulation. C Federal Reserve Notes (8) (9) ______________ believe that there is only a small amount of crowding-out if any at all. A Monetarists B Keynesians C All the above D None of the above (10) Monetarists emphasize changes in the money supply as the most important determinant of _____________________________________. A prices B employment C output D all the above
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In an inflationary period the money supply can be restrained by the Fed _______________ securities. A selling (2) (11) The Fed’s monetary policy tools directly impact the supply of money in a major way through their _________________________. A making loans to consumers B minting of coins C mining gold D buying and selling of securities (12) If interest rates are low American firms are more likely to expand, but foreign investors may trade their dollars for investments in other
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This note was uploaded on 02/04/2011 for the course ECON 1110 taught by Professor Amy during the Fall '09 term at University of North Texas Health Science Center.

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Macro - (1 In an inflationary period the money supply can be restrained by the Fed securities A selling(2(3(4 The basic concepts for the Fed to

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