homework5 - Macroeconomic Principles Economics 1101 Spring...

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Unformatted text preview: Macroeconomic Principles Economics 1101 Spring 2010 Homework Set 5 Posted: January 30, 2010 Name : TUiD : Section 1: Definition type questions. Each definition is worth 2 points. Section 2: Short answer questions. Each question is worth 10 points. 1 Definitions 1. Money: 2. Medium of Exchange: 3. Unit of Account: 4. Store of Value: 5. Liquidity: 6. Measures of Money: 1 7. Financial Innovation: 8. Federal Reserve Bank: 9. Federal Open Markets Committee: 10. Required Reserve Ratio: 11. Discount Rate: 12. Federal Funds Rate: 13. Monetary Base: 2 14. Quantity Theory of Money: 15. Velocity of Money: 16. Monetary Policy: 17. Monetary Base Targeting Rule: 18. Money Targeting Rule: 19. Exchange Rate Targeting Rule: 20. Inflation Targeting Rule: 3 21. Inflation: 22. Demand Pull Inflation: 23. Cost Push Inflation: 24. Inflationary Monetary Policy: 25. Contractionary Monetary Policy: 4 2 Short Answers Questions 1. As late as the 1980s banks faced numerable restrictions. They could not open branches outside the state1....
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homework5 - Macroeconomic Principles Economics 1101 Spring...

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