FINALTERM EXAMINATION Fall 2009 MGT411- Money & Banking (Session - 3) Time: 120 min Marks: 87
|
|
|
- Jodie Fleming
- 5 years ago
- Views:
Transcription
1 FINALTERM EXAMINATION Fall 2009 MGT411- Money & Banking (Session - 3) Time: 120 min Marks: 87 Question No: 1 ( Marks: 1 ) - Please choose one If more students didn't pay back their student loans then which of the following statement would imply? Student loans may become more difficult to obtain The interest rate on student loans would increase Fewer people may attend college All of the given options Question No: 2 ( Marks: 1 ) - Price of 100 goods under the barter system would be Question No: 3 ( Marks: 1 ) - Please choose one Changed with the DEMO Recently VERSION M2 and M3 of have CAD-KAS become: PDF-Editor ( A less useful measure of the relationship between the money supply and inflation The money supply, the Federal Reserve pays the most attention to, in conducting monetary policy Less useful than M1 due to new substitutes for standard checking account The slowest growing of all of the money aggregates Question No: 4 ( Marks: 1 ) - Please choose one Economic research shows: There is a strong inverse correlation between financial market development and economic growth There is weak relation between financial market development and economic growth around 0.25 There is a relatively strong positive correlation between financial market development and economic growth There isn't any correlation between financial market development and economic growth Question No: 5 ( Marks: 1 ) - Please choose one Considering the value of a financial instrument, the longer the time until the promised payment is made: The less valuable is the promise to make it since time is valuable
2 The greater the risk, therefore the promise has greater value The more valuable is the promise to make it It has no effect on the value of instrument Question No: 6 ( Marks: 1 ) - Please choose one Which of the following market allowed networks of dealers that are connected electronically? New York Stock Exchange NASDAQ Large exchanges in London Large exchanges in Tokyo Question No: 7 ( Marks: 1 ) - Please choose one Bonds that are issued by Government are called. Government bonds Treasury bonds Corporate bonds Callable bonds Question No: 8 ( Marks: 1 ) - Please choose one Asma deposits funds into a CD account at her bank. The CD account has an annual interest of 4.0%. If Asma leaves the funds in the CD account for entire two years she will Changed with the have DEMO $ VERSION What of amount CAD-KAS is Asma PDF-Editor depositing? ( $ $ $ $ Please choose one Which of the following investment will be profitable? IRR is less than cost of borrowing IRR is equal to cost of borrowing IRR is greater than cost of borrowing IRR has no connection with cost of borrowing Question No: 10 ( Marks: 1 ) - Please choose one Suppose there are two investments, A and B, investment A has low standard deviation where as investment B has high standard deviation. What would you think that most people will choose? Investment A Investment B Indifference between them Insufficient information to decide Question No: 11 ( Marks: 1 ) - Please choose one
3 The liquidity premium theory suggests that yield curves should usually be: Up-sloping Inverted Flat Up-sloping through year 1, then flat thereafter Question No: 12 ( Marks: 1 ) - Please choose one What will the yield curve look like if future short-term interest rates are expected to rise sharply? It will steeply slope upward It will be horizontal It will slightly slope upward It will slope downward Question No: 13 ( Marks: 1 ) - Please choose one The fact that a financial intermediary can use the same contract for many customers is an example of: Economies of Scope The Law of Diminishing Marginal Returns The Law of Increasing Opportunity Cost Economies of Scale Changed with the Question DEMO VERSION No: 14 of CAD-KAS ( Marks: PDF-Editor 1 ) ( - Please choose one Which of the following does not include in the bank's reserves? Treasury bills Currency in the bank Bank's deposits at the Federal Reserves Currency in ATM machines Question No: 15 ( Marks: 1 ) - Please choose one measures how efficiently a bank uses its assets. Return on Assets Return on Equity Bank Capital Bank Profitability Question No: 16 ( Marks: 1 ) - Please choose one One way for a bank to deal with liquidity risk is. industry To hold sufficient excess reserves To charge all borrowers from the same industry an average rate for that To avoid making loans to borrowers from a broad spectrum
4 To limit the number of loans made in any year Question No: 17 ( Marks: 1 ) - Please choose one Which of the following is the primary source of funds for Depository institutions? Short term loans Shares sold to customers Savings and time deposits Commercial papers Question No: 18 ( Marks: 1 ) - Please choose one Which one of the following refers to the risk assessment and loss reimbursement guarantee by the individual risk experts of the relevant field? Underwriting process Insurance process Research process None of the given options Question No: 19 ( Marks: 1 ) - Please choose one "Financial regulations restrict the assets that banks can own". Which one of the following provides the reason for that? Changed with the DEMO VERSION Because of it CAD-KAS limits the growth PDF-Editor rate of ( banks Because it combats the moral hazard that government safety nets provide Because it prevents banks from being too profitable Because it keeps banks from spending lavishly on perks for executives Question No: 20 ( Marks: 1 ) - Please choose one An open market purchase of U.S. Treasury securities by the Fed will cause the Fed's balance sheet to show. A decrease in the asset of securities and a decrease in the liability of reserves A decrease in the liability of reserves No change in the size of balance sheet except composition of assets An increase in the asset category of securities and the liability category of reserves Question No: 21 ( Marks: 1 ) - Please choose one Identify the most appropriate statement. The FOMC sets the federal funds rate The discount rate is the primary policy tool of the FOMC The difference between the target and actual federal funds rate is the dealer's spread
5 The FOMC sets the target federal funds rate Question No: 22 ( Marks: 1 ) - Please choose one Which one of the following refers to actual tools of policy instruments that the central bank controls directly? Operating instruments Intermediate instruments Financial instruments None of the given options Question No: 23 ( Marks: 1 ) - Please choose one Which one of the following is used primarily by small agricultural banks to help in managing the cyclical nature of farmer s loans and deposits? Primary credit Secondary credit Seasonal credit All of the given options Question No: 24 ( Marks: 1 ) - Please choose one Over the long run if central banks want to avoid high rates of inflation they need to be Changed with the concerned DEMO VERSION with which of of CAD-KAS the following? PDF-Editor ( Unemployment Money growth Real economic growth Productivity of labor Question No: 25 ( Marks: 1 ) - Please choose one If M = the money supply; Y = real output, P = the price level, and V = velocity, which of the following equals the income velocity of money? (P Y) + M (P M)/Y (Y M)/P (P Y)/M Question No: 26 ( Marks: 1 ) - Please choose one Key assumptions behind the quantity theory of money include which of the following? GDP The change in nominal GDP is zero Percentage change in the price level equals the percentage change in real The velocity of money is constant
6 The money supply is fixed Question No: 27 ( Marks: 1 ) - Please choose one Identify the correct statement. When the real interest rate increases the reward for saving decreases When the real interest rate decreases the cost of current consumption increases When the real interest rate increases current consumption becomes more expensive and reward for saving increases When the real interest rate increases only the reward for saving increases Question No: 28 ( Marks: 1 ) - Please choose one Which one of the following is NOT true for gap analysis? It is the difference between the yield on interest sensitive assets and liabilities It is the difference in the maturity of assets and liabilities Banks manage credit risk by using gap analysis It is a formal study of what a business is doing currently and where it wants to go in the future Question No: 29 ( Marks: 1 ) - Please choose one Changed with the DEMO Currency-to-deposit VERSION of ratio CAD-KAS is a factor PDF-Editor that affects ( the quantity of money. This factor is controlled by which of the following? Central bank Bank regulators Commercial banks Non bank public Question No: 30 ( Marks: 1 ) - Please choose one What kind of relationship is there between rate of inflation and aggregate demand? Positive relationship Negative relationship Direct relationship Strong relationship Question No: 31 ( Marks: 1 ) - Please choose one If real interest rate increases, investment will: Increase Decrease Remain constant None of the given options Question No: 32 ( Marks: 1 ) - Please choose one
7 Complete crowding-out will occur if: The money supply rises when Government purchases increases An increase in Government purchases does not change Consumption Taxes rise when Government purchases increases An increase in Government purchases causes an equal fall in Consumption, Investment, and Net Exports Question No: 33 ( Marks: 1 ) - Please choose one The long-run supply curve is: Horizontal Vertical Downward-sloping Upward-sloping Question No: 34 ( Marks: 1 ) - Please choose one Which of the following is NOT an example of financial institutions? Bank Securities firm Stock exchange Insurance company Question No: 35 ( Marks: 1 ) - Please choose one Changed with the DEMO Which of VERSION the following of CAD-KAS is the modern PDF-Editor way of transferring ( fund or making payment? Paychecks system Electronic fund transfer Mailed transction Local bank Question No: 36 ( Marks: 1 ) - Please choose one evolved from coffee houses to trading places to electronic networks. Financial companies Financial markets Financial institutions Financial intermediaries Question No: 37 ( Marks: 1 ) - Please choose one Which of the following is the formula for calculating ROE (Return on equity)? ROE = Net profit before taxes / bank capital ROE = Net profit after taxes / total assets ROE = Net profit after taxes / bank capital ROE = Net profit before taxes / total assets Question No: 38 ( Marks: 1 ) - Please choose one Which of the following is related to leverage?
8 Return on assets and return on equity Return on assets Return on equity None of the given options Question No: 39 ( Marks: 1 ) - Please choose one Which of the following technique is necessary for making profit in a bank? Interest rate on liabilities must be lower Interest rate on deposits must be higher Interest rate on deposits must be higher than the interest rate on the liabilities Interest rate on deposits must be lower than the interest rate on the liabilities Question No: 40 ( Marks: 1 ) - Please choose one Which of the following are the primary uses of funds of Insurance Company? Cash, loans, securities Corporate bonds, government bonds Commercial paper, bonds, mortgages Mortgages, consumer loans, business loans Question No: 41 ( Marks: 1 ) - Please choose one The higher the inflation is, the less predictable it is, and the more risk it creates. Trading Inflation Systematic Non-systematic Question No: 42 ( Marks: 1 ) - Please choose one Which of the following are costs of high and/or unexpected inflation? Increased uncertainty Higher nominal interest rates Hurts net creditors All of the above Question No: 43 ( Marks: 1 ) - Please choose one Which of the following side of a balance sheet represent that central bank is a government s bank?
9 Asset side of the balance sheet Liabilities side of the balance sheet Equity side of the balance sheet The whole balance sheet Question No: 44 ( Marks: 1 ) - Please choose one of a bank is a liability for the bank but that deposit creates reserves of that bank in the central bank that is asset for the bank. Deposits Currency Loan Security Question No: 45 ( Marks: 1 ) - Please choose one If we label the quantity of money M and the monetary base MB, the money multiplier m is defined by which of the following relationship? M= m x MB M= m / MB M= m MB Changed with the DEMO VERSION M= m + of MB CAD-KAS PDF-Editor ( Question No: 46 ( Marks: 1 ) - Please choose one If a bank holds excess reserve it depends upon which of the following? Cost of holding the excess reserve Benefit of holding excess reserve Duration of holding excess reserve Cost and benefit of holding excess reserve Question No: 47 ( Marks: 1 ) - Please choose one If a 45 degree line on a graph shows that average annual inflation is exactly equal to the average annual money growth, what will be the position of money growth and inflation below the 45 degree line? Money growth = inflation Money growth < inflation Money growth > inflation Incomplete information Question No: 48 ( Marks: 1 ) - Please choose one grow at a rate equal to the rate of real growth plus the desired level of inflation.
10 Monetary base Monetary aggregates Money multiplier Deposit multiplier Question No: 49 ( Marks: 1 ) - Please choose one With an inflation objective of 2% and real growth forecast of 3.5%, equation of exchange tells us that policy makers should set velocity growth at 3%, according to this equation what would be the money growth? 8% 4% 2.5% 1% Question No: 50 ( Marks: 1 ) - Please choose one When interest rates are expected to, money demand goes up as people switch from holding bonds into holding money. Rise Changed with the DEMO VERSION Decrease of CAD-KAS PDF-Editor ( Remain stable Incomplete information Question No: 51 ( Marks: 1 ) - Please choose one Portfolio demand for money goes up as the liquidity of alternatives Falls Rises Remain stable Cannot be determined Question No: 52 ( Marks: 1 ) - Please choose one Rising inflation makes foreign goods cheaper in relation to domestic goods, driving imports and net exports. Up, down Down, up Down, down Up, up Question No: 53 ( Marks: 1 ) - Please choose one
11 Inflation falls and output rises until the economy returns to the point where current output potential output and inflation equals the central bank s target. Equals Greater than Lower than Incomplete information Question No: 54 ( Marks: 1 ) - Please choose one in the aggregate demand curve, regardless of its source, will change inflation but not output. Upward shift Downward shift Any shift None of the given options Question No: 55 ( Marks: 3 ) What is term life insurance? Question No: 56 ( Marks: 5 ) What is the difference between Corporate banking and Enterprise banking? Question No: 57 ( Marks: 5 ) In what ways monetary and fiscal policy differs? Discuss. Question No: 58 ( Marks: 10 ) How does a shift in aggregate demand and aggregate supply impact on output and inflation? Question No: 59 ( Marks: 10 ) a) If people suddenly lost faith in the banking system, what would happen to the demand for money? What impact would their loss of confidence have on inflation? b) Why is inflation higher than money growth in high inflation countries and lower than money growth in low inflation countries?
ECO 2013: Macroeconomics Valencia Community College
ECO 2013: Macroeconomics Valencia Community College Exam 3 Fall 2008 1. The most important determinant of consumer spending is: A. the level of household debt. B. consumer expectations. C. the stock of
1 Figure 1 (A) shows what the IS LM model looks like for the case in which the Fed holds the
1 Figure 1 (A) shows what the IS LM model looks like for the case in which the Fed holds the money supply constant. Figure 1 (B) shows what the model looks like if the Fed adjusts the money supply to hold
EC202 Macroeconomics
EC202 Macroeconomics Koç University, Summer 2014 by Arhan Ertan Study Questions - 3 1. Suppose a government is able to permanently reduce its budget deficit. Use the Solow growth model of Chapter 9 to
Problem Set #2. Intermediate Macroeconomics 101 Due 20/8/12
Problem Set #2 Intermediate Macroeconomics 101 Due 20/8/12 Question 1. (Ch3. Q9) The paradox of saving revisited You should be able to complete this question without doing any algebra, although you may
Aggregate Supply and Demand
Aggregate demand is the relationship between GDP and the price level. When only the price level changes, GDP changes and we move along the Aggregate Demand curve. The total amount of goods and services,
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Econ 330 Spring 2017: FINAL EXAM Name ID Section Number MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Tobin's q theory suggests that monetary
Composed by Faheem Saqib MIDTERM EXAMINATION 2010, 2009 and Quizzes For more help Rep at
Composed by Faheem Saqib MIDTERM EXAMINATION 2010, 2009 and Quizzes For more help Rep at Faheem_saqib2003@yahoo.com 0334-6034849 MIDTERM EXAMINATION Spring 2010 MGT411- Money & Banking (Session - 1) Student
Test Review. Question 1. Answer 1. Question 2. Answer 2. Question 3. Econ 719 Test Review Test 1 Chapters 1,2,8,3,4,7,9. Nominal GDP.
Question 1 Test Review Econ 719 Test Review Test 1 Chapters 1,2,8,3,4,7,9 All of the following variables have trended upwards over the last 40 years: Real GDP The price level The rate of inflation The
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Exam Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Suppose government has a budget deficit of $500 billion. If there is no Ricardo-Barro
VI. LONG-RUN ECONOMIC GROWTH
VI. LONG-RUN ECONOMIC GROWTH A. Employment and Production 1. Employment and unemployment a. The unemployment rate is defined as the ratio of unemployed workers (those seeking employment) to the labor force.
The Influence of Monetary and Fiscal Policy on Aggregate Demand
Chapter 32 The Influence of Monetary and Fiscal Policy on Aggregate Demand Test B 1. Of the effects that help explain why the U.S. aggregate demand curve slopes downward the a. wealth effect is most important
Come and join us at WebLyceum
Come and join us at WebLyceum For Past Papers, Quiz, Assignments, GDBs, Video Lectures etc Go to http://www.weblyceum.com and click Register In Case of any Problem Contact Administrators Rana Muhammad
Assignment 1: Hand in only Answer. Last Name. First Name. Chapter
Assignment 1: Hand in only Answer Last Name First Name Chapter 3 1 11 21 2 12 22 3 13 23 4 14 24 5 15 25 6 16 7 17 8 18 9 19 10 20 Chapter 4 1 8 15 2 9 16 3 10 17 4 11 18 5 12 19 6 13 7 14 Chapter 3: Page
Questions and Answers
Questions and Answers Chapter 1 Q1: MCQ Aggregate demand 1. The aggregate demand curve: A) is up-sloping because a higher price level is necessary to make production profitable as production costs rise.
Questions and Answers. Intermediate Macroeconomics. Second Year
Questions and Answers Intermediate Macroeconomics Second Year Chapter2 Q1: MCQ 1) If the quantity of money increases, the A) price level rises and the AD curve does not shift. B) AD curve shifts leftward
Problem Set 3 Economics 201. a. What is the unemployment rate? What is the participation rate?
Problem Set 3 Economics 201 1. Consider the economy with the following characteristics. The employed population is 153.5 million. The unemployed is 6.7 million. The total population is 213.4 million people.
FINAL EXAM STUDY GUIDE
AP MACROECONOMICS-2018 Name: FINAL EXAM STUDY GUIDE Instructions: DUE: Day of FINAL EXAM => Friday 12/21 st (1 st & 2 nd Periods) Thursday 12/20 th (4 th period) Section 1: PRODUCTION POSSIBLITIES FRONTIER
Part2 Multiple Choice Practice Qs
Part2 Multiple Choice Practice Qs 1. The Keynesian cross shows: A) determination of equilibrium income and the interest rate in the short run. B) determination of equilibrium income and the interest rate
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Final Exam Practice Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) In an economy with no government or foreign sector, it is always true
Aggregate Supply and Aggregate Demand
Aggregate Supply and Aggregate Demand ECO 301: Money and Banking 1 1.1 Goals Goals Specific Goals Be able to explain GDP fluctuations when the price level is also flexible. Explain how real GDP and the
Archimedean Upper Conservatory Economics, October 2016
Multiple Choice Identify the choice that best completes the statement or answers the question. 1. The marginal propensity to consume is equal to: A. the proportion of consumer spending as a function of
MIDTERM EXAMINATION FALL
MIDTERM EXAMINATION FALL 2010 MGT411-Money & Banking By VIRTUALIANS.PK SOLVED MCQ s FILE:- Question # 1 Wider the range of outcome wider will be the. Risk Profit Probability Lose Question # 2 Prepared
Midsummer Examinations 2011
Midsummer Examinations 2011 No. of Pages: 7 No. of Questions: 37 Subject ECONOMICS Title of Paper MACROECONOMICS Time Allowed Two Hours (2 Hours) Instructions to candidates This paper is in two sections.
Economics Unit 3 Summary
SSEMA1 Illustrate the means by which economic activity is measured. Economic activity derives from the sectors of the economy explored in the fundamentals and microeconomics units. Individuals, businesses,
Practice Test 1: Multiple Choice
Practice Test 1: Multiple Choice 1. If aggregate planned expenditure exceeds real GDP A. actual inventories decrease below their target. B. firms are not maximizing their profits. C. planned consumption
VII. LONG-RUN ECONOMIC GROWTH
VII. LONG-RUN ECONOMIC GROWTH A. Employment and Production 1. Employment and unemployment a. The unemployment rate is defined as the ratio of unemployed workers (those seeking employment) to the labor
Intermediate Macroeconomics-ECO 3203
Intermediate Macroeconomics-ECO 3203 Homework 3 Solution, Summer 2017 Instructor, Yun Wang Instructions: The full points of this homework exercise is 100. Show all your works (necessary steps to get the
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Econ 330 Spring 2015: EXAM 1 Name ID Section Number MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) If during the past decade the average rate
Questions and Answers
Questions and Answers Ch 1 (continued) Q1: MCQ Aggregate Demand 1) The aggregate demand curve shows A) total expenditures at different levels of national income. B) the quantity of real GDP demanded at
Principle of Macroeconomics, Summer B Practice Exam
Principle of Macroeconomics, Summer B 2017 Practice Exam 1) If real GDP in a small country in 2015 is $8 billion and real GDP in the same country in 2016 is $8.3 billion, the growth rate of real GDP between
Problem Set #2. Intermediate Macroeconomics 101 Due 20/8/12
Problem Set #2 Intermediate Macroeconomics 101 Due 20/8/12 Question 1. (Ch3. Q9) The paradox of saving revisited You should be able to complete this question without doing any algebra, although you may
Econ 102 Exam 2 Name ID Section Number
Econ 102 Exam 2 Name ID Section Number 1. Suppose investment spending increases by $50 billion and as a result the equilibrium income increases by $200 billion. The investment multiplier is: A) 10. B)
MIDTERM EXAMINATION Fall 2009 MGT411- Money & Banking (Session - 2) Time: 60 min Marks: 49 Question No: 1 ( Marks: 1 ) - Please choose one We need to carry out day to day transactions. Money Bonds Stocks
1. The most basic premise of the aggregate expenditures model is that:
1. The most basic premise of the aggregate expenditures model is that: A. The total output produced in the economy depends directly on the level of total spending B. The level of employment in the economy
Chapter 10 3/19/2018. AGGREGATE SUPPLY AND AGGREGATE DEMAND (Part 1) Objectives. Aggregate Supply
Chapter 10 AGGREGATE SUPPLY AND AGGREGATE DEMAND (Part 1) Objectives Explain what determines aggregate supply in the long run and in the short run Explain what determines aggregate demand Explain how real
Dokuz Eylül University Faculty of Business Department of Economics
Dokuz Eylül University Faculty of Business Department of Economics ECN 1002 PROBLEM SET III Q1) A link between the money market and the goods and services market exists through the impact of A) tax revenue
Econ 98- Chiu Spring 2005 Final Exam Review: Macroeconomics
Disclaimer: The review may help you prepare for the exam. The review is not comprehensive and the selected topics may not be representative of the exam. In fact, we do not know what will be on the exam.
Economics 1012A: Introduction to Macroeconomics FALL 2007 Dr. R. E. Mueller Third Midterm Examination November 15, 2007
Economics 1012A: Introduction to Macroeconomics FALL 2007 Dr. R. E. Mueller Third Midterm Examination November 15, 2007 Answer all of the following questions by selecting the most appropriate answer on
ECON Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall 2015 Answer sheet
ECON 311 - Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall 2015 Answer sheet YOUR NAME: Student ID: Circle the TA session you attend: INSTRUCTIONS: Chris 10AM Michael -
Foreign Trade and the Exchange Rate
Foreign Trade and the Exchange Rate Chapter 12 slide 0 Outline Foreign trade and aggregate demand The exchange rate The determinants of net exports A A model of the real exchange rates The IS curve and
3. Explain what the APS tells us about people s spending and saving habits.
National Income and Price Determination Reading Guide Chapters 9, 10 and 11 Chapter 9: Building the Aggregate Expenditures Model Objective... 1. Explain how the consumption schedule helps us find equilibrium
ophillips Curve Multiple Choice Identify the choice that best completes the statement or answers the question.
ophillips Curve Multiple Choice Identify the choice that best completes the statement or answers the question. 1. If the natural rate of unemployment is 5%, and the actual rate of unemployment is 4%: A.
FINAL EXAM STUDY GUIDE
AP MACROECONOMICS-2017 Name: FINAL EXAM STUDY GUIDE Instructions: DUE: Day of FINAL EXAM => Friday 12/22 nd (1 st & 2 nd Periods) Thursday 12/21 st (4 th period) Section 1: PRODUCTION POSSIBLITIES FRONTIER
Answers and Explanations
Answers and Explanations 1. The correct answer is (E). A change in the composition of output causes a movement along the production possibilities curve. A shift in the curve is caused by changes in technology,
ECON 3010 Intermediate Macroeconomics Solutions to the Final Exam
ECON 3010 Intermediate Macroeconomics Solutions to the Final Exam Multiple Choice Questions. (60 points; 2 pts each) #1. Which of the following is a stock variable? a) wealth b) consumption c) investment
Suggested Solutions to Assignment 3
ECON 1010C Principles of Macroeconomics Instructor: Sharif F. Khan Department of Economics Atkinson College York University Summer 2005 Suggested Solutions to Assignment 3 Part A Multiple-Choice Questions
Ecn Intermediate Microeconomic Theory University of California - Davis November 13, 2008 Professor John Parman. Midterm 2
Ecn 100 - Intermediate Microeconomic Theory University of California - Davis November 13, 2008 Professor John Parman Midterm 2 You have until 6pm to complete the exam, be certain to use your time wisely.
BUSI 101 Capital Markets and Real Estate
BUSI 101 Capital Markets and Real Estate PURPOSE AND SCOPE The Capital Markets and Real Estate course (BUSI 101) is intended to acquaint the student with the basic principles of macroeconomics and to give
AP Econ Practice Test Unit 5
DO NOT WRITE ON THIS TEST! AP Econ Practice Test Unit 5 Multiple Choice Identify the choice that best completes the statement or answers the question. 1. The marginal propensity to consume is equal to:
Keynesian Theory (IS-LM Model): how GDP and interest rates are determined in Short Run with Sticky Prices.
Keynesian Theory (IS-LM Model): how GDP and interest rates are determined in Short Run with Sticky Prices. Historical background: The Keynesian Theory was proposed to show what could be done to shorten
Final Exam. Name: Student ID: Section:
Final Exam Name: Student ID: Section: Instructions: The exam consists of three parts: (1) 15 multiple choice questions; (2) three problems; and (3) one graphical question. Please answer all questions in
Table 9-2. Base Year (2006) 2013 Product Quantity Price Price Milk 50 $2 $3 Bread 100 $3 $3.50
1) The advice to "keep searching, there are plenty of jobs around here for which you are qualified," would be most appropriate for which of the following types of unemployment? A) frictional unemployment
download instant at
Exam Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The aggregate supply curve 1) A) shows what each producer is willing and able to produce
If a model were to predict that prices and money are inversely related, that prediction would be evidence against that model.
The Classical Model This lecture will begin by discussing macroeconomic models in general. This material is not covered in Froyen. We will then develop and discuss the Classical Model. Students should
Review Questions. The Labor Market: Definitions, Facts, and Trends. Choose the letter that represents the BEST response.
Review Questions Choose the letter that represents the BEST response. The Labor Market: Definitions, Facts, and Trends 1. The labor force consists of a. all individuals aged 16 or older who are employed
Case, Fair and Oster Macroeconomics Chapter 12 Problems -- Aggregate Demand in the Goods and Money Markets
Case, Fair and Oster Macroeconomics Chapter 12 Problems -- Aggregate Demand in the Goods and Money Markets Problem 1. ECB cuts interest rates -- why? Faced with a recession, the European Central Bank cut
ECON 3010 Intermediate Macroeconomics Final Exam
ECON 3010 Intermediate Macroeconomics Final Exam Multiple Choice Questions. (60 points; 3 pts each) #1. An economy s equals its. a. consumption; income b. consumption; expenditure on goods and services
Kyunghun Kim ECN101(SS1, 2014): Homework4 Answer Key Due in class on 7/28
1. AS-AD Model Suppose that government spending rises in an economy. Assume that the short-run aggregate supply curve is upward sloping. a. Draw the AS-AD model to show long-run and short-run equilibria
Chapter 10 Aggregate Demand I CHAPTER 10 0
Chapter 10 Aggregate Demand I CHAPTER 10 0 1 CHAPTER 10 1 2 Learning Objectives Chapter 9 introduced the model of aggregate demand and aggregate supply. Long run (Classical Theory) prices flexible output
Disposable income (in billions)
Section 4 version 2 Multiple Choice Identify the choice that best completes the statement or answers the question. 1. An increase in the MPC: A. increases the multiplier. B. shifts the autonomous investment
9. CHAPTER: Aggregate Demand I
TOBB-ETU, Economics Department Macroeconomics I (IKT 233) Ozan Eksi Practice Questions with Answers (for Final) 9. CHAPTER: Aggregate Demand I 1-) In the long run, the level of output is determined by
Chapter 2 Self Study Questions
Chapter 2 Self Study Questions True/False Indicate whether the sentence or statement is true or false. 1. If an individual investor buys and sells existing stocks through a broker, these are primary market
Exam #2 Review Answers ECNS 303
Exam #2 Review Answers ECNS 303 Exam #2 will cover all the material we have covered since Exam #1. In addition to working these problems, I would recommend reviewing all of your old class notes and quizzes,
Chapter 9. Introduction to Economic Fluctuations
Chapter 9 Introduction to Economic Fluctuations 0 1 Learning Objectives difference between short run & long run introduction to aggregate demand aggregate supply in the short run & long run see how model
MACROECONOMICS. Section I Time 70 minutes 60 Questions
MACROECONOMICS Section I Time 70 minutes 60 Questions Directions: Each of the questions or incomplete statements below is followed by five suggested answers or completions. Select the one that is best
1. When the Federal government uses taxation and spending actions to stimulate the economy it is conducting:
1. When the Federal government uses taxation and spending actions to stimulate the economy it is conducting: A. Fiscal policy B. Incomes policy C. Monetary policy D. Employment policy 2. When the Federal
5. What is the Savings-Investment Spending Identity? Savings = Investment Spending for the economy as a whole
Unit 4 Test Review KEY Savings, Investment and the Financial System 1. What is a financial intermediary? Explain how each of the following fulfills that role: Financial Intermediary: Transforms funds into
Macro Problem Set 3 Fall 2015
Macro Problem Set 3 Fall 2015 Directions: The True/False and Multiple Choice questions do not have to be turned in for credit. It would be foolish, however, not to spend a great deal of time working on
Chapter 11 The Determination of Aggregate Output, the Price Level, and the Interest Rate
Principles of Macroeconomics Twelfth Edition Chapter 11 The Determination of Aggregate Output, the Price Level, and the Interest Rate Copyright 2017 Pearson Education, Inc. 11-1 Copyright 11-2 Chapter
5. Consider the T-account for Cambridge Mutual Savings Bank below. Which of the following transactions is recorded on this T-account?
PART I MULTIPLE CHOICE (50 points, 2 points each) - Clearly mark the best answer. 1. Banks use restrictive covenants to limit the problem of a) Adverse selection b) Compensating balances c) Excessive volatility
1. Under what condition will the nominal interest rate be equal to the real interest rate?
Practice Problems III EC 102.03 Questions 1. Under what condition will the nominal interest rate be equal to the real interest rate? Real interest rate, or r, is equal to i π where i is the nominal interest
ECON 1000 D. Come to the PASS workshop with your mock exam complete. During the workshop you can work with other students to review your work.
It is most beneficial to you to write this mock midterm UNDER EXAM CONDITIONS. This means: Complete the midterm in 2.5 hours. Work on your own. Keep your notes and textbook closed. Attempt every question.
Test Yourself: Monetary Policy
Test Yourself: Monetary Policy The improvement of understanding is for two ends: first, our own increase of knowledge; second, to enable us to deliver that knowledge to others. John Locke What is the transaction
Chapter 9 Chapter 10
Assignment 4 Last Name First Name Chapter 9 Chapter 10 1 a b c d 1 a b c d 2 a b c d 2 a b c d 3 a b c d 3 a b c d 4 a b c d 4 a b c d 5 a b c d 5 a b c d 6 a b c d 6 a b c d 7 a b c d 7 a b c d 8 a b
ECO 209Y L0101 MACROECONOMIC THEORY. Term Test #2
Department of Economics Prof. Gustavo Indart University of Toronto June 25, 2012 ECO 209Y L0101 MACROECONOMIC THEORY Term Test #2 LAST NAME FIRST NAME STUDENT NUMBER INSTRUCTIONS: 1. The total time for
THE INFLUENCE OF MONETARY AND FISCAL POLICY ON AGGREGATE DEMAND
34 THE INFLUENCE OF MONETARY AND FISCAL POLICY ON AGGREGATE DEMAND Questions for Review 1. The theory of liquidity preference is Keynes's theory of how the interest rate is determined. According to the
ECO 209Y - L5101 MACROECONOMIC THEORY. Term Test #2
Department of Economics Prof. Gustavo Indart University of Toronto July 19, 2005 SOLUTIONS ECO 209Y - L5101 MACROECONOMIC THEORY Term Test #2 LAST NAME FIRST NAME INSTRUCTIONS: STUDENT NUMBER 1. The total
INTI COLLEGE MALAYSIA UNIVERSITY FOUNDATION PROGRAMME ECO 183 : FOUNDATION ECONOMICS (MACROECONOMICS) RESIT EXAMINATION : AUGUST 2002 SESSION
ECO 183 (R) / Page 1 of 9 INTI COLLEGE MALAYSIA UNIVERSITY FOUNDATION PROGRAMME ECO 183 : FOUNDATION ECONOMICS (MACROECONOMICS) RESIT EXAMINATION : AUGUST 2002 SESSION Section A : Answer ALL questions.
ECON 3010 Intermediate Macroeconomics Final Exam
ECON 3010 Intermediate Macroeconomics Final Exam Multiple Choice Questions. (60 points; 3 pts each) #1. How does the distinction between flexible and sticky prices impact the study of macroeconomics? a.
Aggregate Demand and Aggregate Supply
Aggregate Demand and Aggregate Supply Aggregate Demand and Aggregate Supply The Learning Objectives in this presentation are covered in Chapter 20: Aggregate Demand and Aggregate Supply LEARNING OBJECTIVES
Financial Markets and Institutions Final study guide Jon Faust Spring The final will be a 2 hour exam.
180.266 Financial Markets and Institutions Final study guide Jon Faust Spring 2014 The final will be a 2 hour exam. Bring a calculator: there will be some calculations. If you have an accommodation for
ECON 3010 Intermediate Macroeconomics Final Exam
ECON 3010 Intermediate Macroeconomics Final Exam Multiple Choice Questions. (60 points; 2 pts each) #1. Which of the following is a stock variable? a) wealth b) consumption c) investment d) income #2.
Principle of Macroeconomics, Summer B 2017 Exam one
Principle of Macroeconomics, Summer B 2017 Exam one Name: (Please write your answer in the last page) Pather ID: 1) When goods and services are produced at the lowest possible cost, occurs. A) allocative
Econ 102 Exam 2 Name ID Section Number
Econ 102 Exam 2 Name ID Section Number 1. In a closed economy government spending was $30 billion, consumption was $70 billion, taxes were $20 billion, and GDP was $110 billion this year. Investment spending
ECN101: Intermediate Macroeconomic Theory TA Section
ECN101: Intermediate Macroeconomic Theory TA Section (jwjung@ucdavis.edu) Department of Economics, UC Davis December 1, 2014 Slides revised: December 1, 2014 Outline 1 Final Exam Information 2 Problem
ECON Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall 2014 Answer sheet
ECON 311 - Intermediate Macroeconomics (Professor Gordon) Second Midterm Examination: Fall 2014 Answer sheet YOUR NAME: Student ID: Circle the TA session you attend: Chris - 3PM Andreas - 3PM Hugh - 3PM
Unit 3: Aggregate Demand and Supply and Fiscal Policy
Unit 3: Aggregate Demand and Supply and Fiscal Policy 1 Aggregate Demand 2 What is Aggregate Demand? Aggregate means added all together. When we use aggregates we combine all prices and all quantities.
Textbook Media Press. CH 27 Taylor: Principles of Economics 3e 1
CH 27 Taylor: Principles of Economics 3e 1 The Building Blocks of Keynesian Analysis Keynesian economics is based on two main ideas: a) aggregate demand is more likely than aggregate supply to be the primary
Economics 207: Introduction to Macroeconomics Final Exam Instructions:
Economics 207: Introduction to Macroeconomics Final Exam Instructions: You have 120 minutes to complete the following exam. Be sure to write your anme and student id ON YOUR SCANTRON and BELOW. Failure
Introduction to Economic Fluctuations
Chapter 9 Introduction to Economic Fluctuations slide 0 In this chapter, you will learn facts about the business cycle how the short run differs from the long run an introduction to aggregate demand an
AP Macroeconomics. Scoring Guidelines
2018 AP Macroeconomics Scoring Guidelines College Board, Advanced Placement Program, AP, AP Central, and the acorn logo are registered trademarks of the College Board. AP Central is the official online
Professor Christina Romer SUGGESTED ANSWERS TO PROBLEM SET 5
Economics 2 Spring 2017 Professor Christina Romer Professor David Romer SUGGESTED ANSWERS TO PROBLEM SET 5 1. The tool we use to analyze the determination of the normal real interest rate and normal investment
Principles of Macroeconomics December 15th, 2005 name: Final Exam (100 points)
EC132.01 Serge Kasyanenko Principles of Macroeconomics December 15th, 2005 name: Final Exam (100 points) This is a closed-book exam - you may not use your notes and textbooks. Calculators are not allowed.
FEEDBACK TUTORIAL LETTER
FEEDBACK TUTORIAL LETTER 2 nd SEMESTER 2017 ASSIGNMENT 1 INTERMEDIATE MACRO ECONOMICS IMA612S 1 FEEDBACK TUTORIAL LETTER ASSIGNMENT 1 SECTION A [20 marks] QUESTION 1 [20 marks, 2 marks each] Correct answer
1. What is the inflation rate between 2001 and 2002 in terms of the CPI?
Econ 102, Winter 2006 Final Exam - Answers Questions 1-2 use the data in the table below. Suppose there is a small economy. In this economy, there are 3 goods produced in 2000, 4 goods produced in 2001,
DEPARTMENT OF ECONOMICS. University of New Hampshire. ECON 401 Principles of Macroeconomics FINAL EXAM. O. Kozlova. Spring 2011
DEPARTMENT OF ECONOMICS University of New Hampshire ECON 401 Principles of Macroeconomics FINAL EXAM O. Kozlova Spring 2011 INSTRUCTIONS: 1. Before you begin, make sure you have all pages of examination
Chapter Twenty 11/26/2017. Chapter 20 Money Growth, Money Demand, and Modern Monetary Policy. In This Chapter. 1. The quantity theory of money.
Chapter Twenty Chapter 20 Money Growth, Money Demand, and Modern Monetary Policy In This Chapter 1. The quantity theory of money. 2. The velocity of, and demand for, money. 3. Money targeting. Money Growth
Eastern Mediterranean University Faculty of Business and Economics Department of Economics Spring Semester
Eastern Mediterranean University Faculty of Business and Economics Department of Economics 2015-16 Spring Semester Duration: 90 minutes ECON102 - Introduction to Economics II Final Exam Type A 2 June 2016
Business Fluctuations. Notes 05. Preface. IS Relation. LM Relation. The IS and the LM Together. Does the IS-LM Model Fit the Facts?
ECON 421: Spring 2015 Tu 6:00PM 9:00PM Section 102 Created by Richard Schwinn Based on Macroeconomics, Blanchard and Johnson [2011] Before diving into this material, Take stock of the techniques and relationships
York University. Suggested Solutions
York University Atkinson Faculty of Liberal and professional Studies Department of Economics ECON1010C Term Test 2 July 20, 2005 Instructor: Sharif F. Khan Suggested Solutions PART A 1. B 2. A 3. D 4.