Fall 2013, Econ 353
Instructor: Dr Sunanda Roy
HW # 1 (Chap 2) (Total 100 pts)
Q1. Specify each of the following as an example of direct or indirect finance (10 pts)
a. You take out a mortgage from your local bank. Ans: Indirect
b. You lend $2500 to a fri
Econ 353 Money, Banking, and Financial Institutions
Dzmitry Asinski
Spring 2006
Homework Assignment 6 solution.
1. (2 point) Explain the difference between adaptive expectations and rational
expectations?
According to the theory of adaptive expectations,
Econ 353, Fall 2013
Midterm I, Total points 100
Instructor: Sunanda Roy
Name: _
ID# _
Choose the option that best completes the statement or best answers the
question. All questions are worth the same.
1.
Which of the following are traded in money markets
Econ 353 Money, Banking, and Financial Institutions
Dzmitry Asinski
Spring 2006
Homework Assignment 1 answers. Due: Thursday, January 19.
1. (2 points) Explain the functions of money and the problems of barter that each
overcomes.
There are three function
Econ 353, Fall 2013
Instructor: Dr. Sunanda Roy
Homework # 3 Answer Key
Total Score is 30 points. Your score will be scaled to totally 100 points.
1a)(2pts). An asset pays $1,100 at the end of year 1, $1,210 at the end of year 2, and $1,331 at the end
of
Money, Banking, and Financial Markets (Econ 353)
Final Exam
May 9, 2002
Name_ Univ. Id #_
Note: Each multiple choice question is worth 3 points. The bonus question is worth 5 points. Problems 26, 27,
and 28 carry 10, 10, and 8 points, respectively.
MULTIP
Econ 353, Fall 2013
Instructor: Sunanda Roy
Homework # 6, hardcopy due Mon after Thanksgiving recess
1.Consider the following assets and liabilities:
I. Discount loans
II. U.S. government securities
III. Secondary reserves
IV. Small time deposits
V. Comme
Econ 353, Fall 2015
Instructor: Dr Sunanda Roy
Chapter 2 review questions
1. Financial markets have the basic function of
A) getting people with funds to lend together with people who want to borrow funds.
B) assuring that the swings in the business cycle
Econ 353, Fall 2013
Instructor: Sunanda Roy
Homework # 5 (Chap 6 and 7)
Electronic files or multiple unstapled sheets will not be accepted.
Please show your work and explain your answer. Only partial credit will be given for correct answers if
work is not
Fall 2013, Econ 353
Instructor: Dr Sunanda Roy
HW # 2 (Chap 3) (Total 100 pts.)
1) Which of the following statements uses the economists' definition of money?
A) Gas costs $3.80 per gallon thats a lot of money!
B) Uncle Charlie has a lot of money in his p
VERSION A ANSWER KEY (ANSWERS AT END)
ECONOMICS 353
L. Tesfatsion/Fall 2011
MIDTERM EXAM 2-VERSION A: 50 Questions (1 Point Each)
10 March 2011
On side 1 of your bubble sheet, give your FIRST AND LAST NAME together with your STUDENT
ID NUMBER. In the top
Econ 353, Fall 2015
Instructor: Sunanda Roy
Chapter 3 review
1) The difference between money and income is that
A) Money is a flow and income is a stock.
B) Money is a stock and income is a flow.
C) There is no difference; money and income are both stocks
ANSWER OUTLINE
ECONOMICS 353
MIDTERM EXAM 1: 50 Questions (1 Point Each)
L. Tesfatsion/Fall 07
27 September 2007
Please write on side 1 of your answer bubble sheet your FIRST AND LAST NAME together with
your STUDENT ID NUMBER, and write ECON 353: FIRST MI
Spring 2016, Econ 353
Instructor: Dr Sunanda Roy
HW # 2 (Chap 3) (Total 100 pts.)
1) Which of the following statements uses the economists' definition of money?
A) Gas costs $3.80 per gallon thats a lot of money!
B) Uncle Charlie has a lot of money in his
Grant Hunt
Econ 353 Fall 2016
Homework #3
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
C
A
D
B
B
C
D
B
B
C
D
A
D
D
A
C
D
B
B
A
a. The nominal interest rate is (100-98)/98 = 0.02 or 2%
The real interest rate is 2%-1% = 1%
b. T
Fall 2015, Econ 353
Instructor: Dr Sunanda Roy
HW # 1 (Chap 2) (Total 100 pts)
Q1. Specify each of the following as an example of direct or indirect finance
a. You take out a mortgage from your local bank. Ans: Indirect
b. You lend $2500 to a friend. Ans:
ANSWER OUTLINE ANSWERS AT END
ECONOMICS 353
MIDTERM EXAM 2: 50 Questions (1 Point Each)
L. Tesfatsion/Fall 2010
28 October 2010
On side 1 of your bubble sheet, give your FIRST AND LAST NAME together with your STUDENT
ID NUMBER. In the top margin of side 1
ANSWER KEY VERSION A ANSWERS AT END
ECONOMICS 353
MIDTERM EXAM 1-VERSION A
L. Tesfatsion
10 February 2011
IMPORTANT INSTRUCTIONS:
On side 1 of your bubble sheet, give your FIRST AND LAST NAME and STUDENT ID NUMBER.
Also, in the top margin write ECON 353:
ANSWER OUTLINE
ECONOMICS 353
MIDTERM EXAM 1: 50 Questions (1 Point Each)
L. Tesfatsion/Fall 06
28 September 2006
Please write on side 1 of your answer bubble sheet your FIRST AND LAST NAME together with
your STUDENT ID NUMBER, and write ECON 353: FIRST MI
ANSWER KEY ANSWERS ARE AT END
ECONOMICS 353
MIDTERM EXAM 1: 50 Questions (1 Point Each)
L. Tesfatsion/Fall 2010
28 September 2010
On side 1 of your bubble sheet, give your FIRST AND LAST NAME together with your STUDENT
ID NUMBER. In the top margin of side
ANSWER OUTLINE
ECONOMICS 353
MIDTERM EXAM 2: 50 Questions (1 Point Each)
L. Tesfatsion/Fall 07
1 November 2007
Please write on side 1 of your answer bubble sheet your FIRST AND LAST NAME together with
your STUDENT ID NUMBER, and write ECON 353: SECOND MID
ANSWER OUTLINE
ECONOMICS 353
FINAL EXAM: 70 Questions Total (1 Point Each)
L. Tesfatsion/Fall 06
11 December 2006
Please write on side 1 of your answer bubble sheet your FIRST AND LAST NAME together with
your STUDENT ID NUMBER, and write ECON 353: FINAL E
ANSWER OUTLINE
ECONOMICS 353
FINAL EXAM: 70 Questions Total (1 Point Each)
L. Tesfatsion/Fall 07
13 December 2007
Please write on side 1 of your answer bubble sheet your FIRST AND LAST NAME together with
your STUDENT ID NUMBER, and write ECON 353: FINAL E
ANSWER OUTLINE
ECONOMICS 353
MIDTERM EXAM 2: 50 Questions (1 Point Each)
L. Tesfatsion/Fall 06
2 November 2006
Please write on side 1 of your answer bubble sheet your FIRST AND LAST NAME together with
your STUDENT ID NUMBER, and write ECON 353: SECOND MID
Grant Hunt
Econ 353 Fall 2016
HW #6
1. D
2. B
3. a. Assets:
Excess Reserves +2250
Required Reserves +250
Liabilities: Checkable Deposits +2500
b. Assets:
Reserves -2500
Liabilities: Checkable Deposits -2500
4. a. $10,000
b. Checkable deposits are now equa
Econ 353 Money, Banking, and Financial Institutions
Dzmitry Asinski
Spring 2006
Homework Assignment 2 solution.
1. (2 points) Consider an annuity that makes yearly payments C for as long as
someone lives. What would happen to the purchase price of the ann
Econ 353 Money, Banking, and Financial Institutions
Dzmitry Asinski
Spring 2006
Homework Assignment 3 solution.
1. (2 points) Compute the yield to maturity of the following bonds:
a. $100 face-value, 5-year, pure discount bond selling for $78. The yield t