EC470/570 - Monetary Policy - Quiz 1
Name: KEY
Instructions: Answer four of the following six questions.
Grading: Each question was worth 10 points, so the quiz overall was out of 40 points.
Note: There are many possibly correct answers to these questions
EC 470: Monetary Policy
Problem Set 1 - Ch. 1, 4-5 Answer Key
Due Tuesday, October 13
Chapter 1
1. Is everyone worse o when interest rates increase? Explain.
No. Higher interest rates are bad for borrowers but good for lenders. Remember that
interest rate
EC470/570:MonetaryPolicy
ChadFulton
June28,2016
Chapter15:Toolsof
MonetaryPolicy
TheMarketforReserves
The market for reserves is where the Federal Funds Rate is
determined
We will study this market in terms of supply of reserves and
demand for reserves
Th
University of Oregon
EC 313: Macroeconomics
This practice midterm is intended as a study tool. The questions contained in this midterm may very well
appear on your first midterm. The length of this practice exam is not an indication of how long the actual
University of Oregon
EC 470: Macroeconomics
This practice midterm is intended as a study tool. The questions contained in this midterm may very well
appear on your first midterm. The length of this practice exam is not an indication of how long the actual
EC 470: Monetary Policy
Problem Set 1 - Ch. 1, 4-5
Due Tuesday, October 13
Chapter 1
1. Is everyone worse o when interest rates increase? Explain.
2. Why are bonds so important to the study of monetary policy?
3. What is the dierence between scal and mone
EC 470: Monetary Policy
Problem Set 2 - Ch. 13 - 14
Chapter 13
1. How does the Feds structure allow it to represent both public- and private-sector interests?
2. Why is the New York Fed the most important of the Federal Reserve banks?
3. a) How do Fed mem
EC 470: Monetary Policy
Problem Set 2 - Ch. 13 - 14
Answer Key
Chapter 13
1. How does the Feds structure allow it to represent both public- and private-sector interests?
Members of the Board of Governors (as well as the Chair of the Board) are appointed b
EC 470: Monetary Policy
Problem Set 3 - Ch. 15 - 16
Answer Key
Chapter 15
1. Use the supply and demand for bank reserves to illustrate the eects of:
a) an open market sale by the Fed
b) a decrease in the discount rate
c) an increase in required reserves
B
EC 470: Monetary Policy
Problem Set 4 - Ch. 19, 22 - 24
blahblah
Chapter 19
1. a) The quantity theory of ination says that = % M. What assumptions are
required to go from the equation of exchange to this theory?
b) If velocity and aggregate output are con
EC 470: Monetary Policy
Problem Set 3 - Ch. 15 - 16
Chapter 15
1. Use the supply and demand for bank reserves to illustrate the eects of:
a) an open market sale by the Fed
b) a decrease in the discount rate
c) an increase in required reserves
Be sure to s
EC 470: Monetary Policy
Problem Set 4 - Ch. 19, 22 - 24
Chapter 19
1. a) The quantity theory of inﬂation says that 11' = %AM. What assumptions are re-
quired to go from the equation of exchange to this theory?
The equation of (rxdiange says that; M. x V r
Arbitrage
Winter 2017
Arbitrage: Justifying Single Asset Assumption
Suppose two assets (A and B) exist, and investors hold a
mixture of the two (e.g. investors hold a mix of corporate
bonds and treasury bonds)
Arbitrage: Justifying Single Asset Assumption
EC 470: Monetary Policy
University of Oregon
Winter 2017
Instructor: Nigel McClung
Office Hours: Friday, 3-5 p.m.
Office: PLC 520
E-mail: [email protected]
Lecture: MW 8:30-9:50 a.m. in Gerlinger 302
Disclaimer: This is a draft of the syllabus. It may
University of Oregon
EC 470: Macroeconomics
This practice midterm is intended as a study tool. The questions contained in this midterm may very well
appear on your first midterm. The length of this practice exam is not an indication of how long the actual
Econ 470 Midterm 1 Study Guide
January 31, 2017
Overview
The midterm exam will be given on Tuesday, January 31 at 4 p.m. in Lillis 111.
This study guide contains definitions and concepts that you may be tested on in the
midterm exam. The midterm will cons
Econ 470 Midterm 1 Study Guide
January 31, 2017
Overview
The midterm exam will be given on Tuesday, January 31 at 4 p.m. in Lillis 111.
This study guide contains definitions and concepts that you may be tested on in the
midterm exam. The midterm will cons
EC 470: Monetary Policy
Problem Set 1 - Ch. 1, 4-5
Due Tuesday, October 13
Chapter 1
1. Is everyone worse off when interest rates increase? Explain.
2. Why are bonds so important to the study of monetary policy?
3. What is the difference between fiscal an
University of Oregon
EC 313: Macroeconomics
Due: March 14th , 2017 in Class
Homework 6
Please answer each of the exercises below. You may work with other students on the homework, but you
must turn in your own work, in your own words. Homework must be han
University of Oregon
EC 313: Macroeconomics
Due: February 14th , 2017 in Class
Homework 4
Please answer each of the exercises below. You may work with other students on the homework, but you
must turn in your own work, in your own words. Homework must be
Econ 470 Midterm 2 Study Guide
February 28, 2017
Overview
The midterm exam will be given on Tuesday, February 28 at 4 p.m. in Lillis 111.
This study guide contains definitions and concepts that you may be tested on in the
midterm exam. The midterm will co
University of Oregon
EC 313: Macroeconomics
Due: January 17th , 2017 in Class
Homework 1
Please answer each of the exercises below. You may work with other students on the homework, but you
must turn in your own work, in your own words. Homework must be h
University of Oregon
EC 313: Macroeconomics
Due: February 21th , 2017 in Class
Homework 5
Please answer each of the exercises below. You may work with other students on the homework, but you
must turn in your own work, in your own words. Homework must be
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