Fiscal & Monetary Policy

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

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

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

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

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

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

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

When was the Fed created?

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

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

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

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

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

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

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

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

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

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

How many additional Fed district bank branches are there?

What measures the opportunity cost of holding money?

Who is the current chair of the Fed?

How many Federal Reserve District Banks are there?

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

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

Which economic sector is composed of businesses?

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

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

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

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

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

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

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

What measures output?

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

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

Which curve is the money supply an indirect determinant of?

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

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

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

What is spending by individuals called?

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

What does GDP tell us about the composition of output?

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

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?

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

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

Which economic sector is composed of governments?

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

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

How often are GDP estimates made?

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

Another term for a FICA tax could be:

Who oversees the management of the Federal Reserve District banks?

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

What is spending by businesses called?

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

What is the a largest economic sector?

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

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