Fiscal & Monetary Policy

The value produced by a person mowing his own lawn would be excluded from GDP because:

Which of the following is an example of a contractionary fiscal policy?

What is the rate that banks charge each other to borrow overnight reserves to repay in the AM?

When the Fed engages in contractionary open market operations, bond prices:

If a term has not been adjusted for inflation then it is:

What is spending by individuals called?

Whena  policy is attempting to pump $ into the economy (move AD curve right):

Which of the following is an example of expansionary monetary policy?

What is it called when 2 or more nations share the same money?

When a policy is attempting to suck money out of the economy (move AD curve left):

When was the Fed created?

When the Fed engages in expansionary open market operations, bond prices:

What is the a largest economic sector?

Which is not one of the Fed's monetary policy tools?

Which economic sector is composed of businesses?

How long is the term for the Chair of the Board of Governors?

Which Federal Reserve District Bank president has a permanent seat on the Fed Open Mkt Cmte?

What is the demand for $ because it is a store of wealth?

Which curve is the money supply an indirect determinant of?

A person who sells a product at a price above a price ceiling would be exclude from GDP because

What is the demand for money to make purchases of goods and services?

What is a financial institution that receives a majority of its funding from depositors?

When the Fed buys treasuries, this is an example of:

A bank wants to make a 2% profit on a loan. Expected inflation = 3%. Nominal interest rate = ?

A debt investment. Lender gives a borrower $ for a defined time period @ fixed interest rate.

Which of the following is an example of expansionary fiscal policy?

What is the primary monetary policy making body of the Fed?

If the Fed were trying to fight inflation, it would pursue:

How long is the term for a member of the Board of Governors of the Fed?

What is the demand for money to serve as a protection against unexpected need?

Who is the current chair of the Fed?

Which economic sector is composed of governments?

When the Fed sells treasuries, this is an example of:

Which institution controls the worldwide supply of U.S. dollars?

What monetary policy tool consists of the Fed buying & selling Treasuries?

What is it called when unemployment and inflation are increasing at the same time?

Who oversees the management of the Federal Reserve District banks?

What measures output?

What is spending by businesses called?

Which of the following is an example of a contractionary monetary policy?

Which economic sector includes all consumers and producers outside a country (X-M)?

What does GDP tell us about the composition of output?

Monetary policy tool of the Fed that involves manipulating the rate it charges to banks?

How long is the term for the Vice Chair of the Board of Governors?

How many additional Fed district bank branches are there?

Another term for a FICA tax could be:

A tire sold to Ford to put on a new car to be sold would be excluded from GDP because:

If the Fed were trying to help the economy achieve full employment it would pursue:

Which country is not in the U.S. Dollar currency union?

How many Federal Reserve District Banks are there?

The U.S. spends $1 trillion more than it took in tax revenue in one year. This is an example of

What do we call the rate that the Fed charges banks to borrow?

If a term has been adjusted for inflation, then it is:

How often are GDP estimates made?

If the gov't has to pass a law to change its tax/spending policies to stabilize the economy:

What measures the opportunity cost of holding money?

The U.S. owes $18 trillion total to bondholders. This is the:

How many members are there of the Board of Governors of the Fed?

If the government doesn't have to take any new action to attempt to stabilize the economy:

What do we call the % of deposits the Fed requires banks to keep and not loan out?