____37.Which of the following would cause the money supply to increase?a.An open market purchase by the Fed.b.A reduction in the discount rate.c.A reduction in required ratios.d.All of these.
____38.Real-world accuracy of the money multiplier can be affected by:
____39.Economists estimate that the total lag for monetary policy is about:
Exhibit 15-3 Balance sheet of Tucker National BankAssetsLiabilitiesRequired reserves$ 20,000Checkable deposits$100,000Excess reserves0Loans80,000Total$100,000Total$100,000____40.The required reserve ratio in Exhibit 15-3 is:
Exhibit 15-4 Balance sheet of Tucker National BankAssetsLiabilitiesRequired reserves$ 4,000Checkable deposits$20,000Excess reserves16,000Loans0Total$20,000Total$20,000____41.The required reserve ratio in Exhibit 15-4 is:a.5 percent.b.10 percent.c.15 percent.
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