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SDU Mankiw 4 Flashcards | StudBud
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SDU Mankiw 4
SDU Mankiw 4
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Questions
9
Answers
1
The demand of private households for bank loans influences the money creation process.
True
False
2
Ben Bernake's nickname: Helicopter Ben
False
True
3
The minimum reserve requirements influence the money creation process.
True
False
4
The loan supply of commercial banks influences the money creation process.
True
False
5
Let's assume vr = 0 and only deposits (no banknotes cr=0). The minimum reserve requirements are mr = 10%.
Money multiplier = 10
Money multiplier = 50
Money multiplier = 1
Money multiplier = 100
6
The monetary aggregate M1 consists out of
Currency
Currency + demand deposits + saving deposits
Currency + demand deposits + saving & time deposits
Currency + demand deposits
7
Let's assume vr = 0 and only deposits (no banknotes cr=0). The minimum reserve requirements are mr = 2 %.
Money multiplier = 10
Money multiplier = 100
Money multiplier = 1
Money multiplier = 50
8
Bitcoin is a form of fiat money.
False
True
9
Let's assume vr = 0 and only deposits (no banknotes cr=0). The minimum reserve requirements are mr = 1 %.
Money multiplier = 100
Money multiplier = 10
Money multiplier = 50
Money multiplier = 1
