Fiscal & Monetary Policy Unit Exam recognize: _________________________________________ age: ________ Period: ________ 1. The distinguishing feature of a banking institution oer opposite financial institutions is its ability to a) issue checks b) pass on financial services c) pick out in debt d) create reliance 2. The central characteristic of money is that it a) is a store of wealthiness or appraise b) acts as a spiritualist of throw c) is a measure of place or unit of account statement d) is a standard of deferred concedement 3. Assuming a 20% reserve ratio, a $500m adjoin in bank deposits willing generate an increase in new deposits of a) $250m b) $2500m c) $2000m d) $3000m 4. The annual facet of financial insurance in the light of current frugal conditions. A controversy of anticipated revenue, expenditure and borrowing by the political relation in a year a) political relation calculate b) discretionary fiscal policy c) stabilisation policies d) governing expenditure 5. Length of time needed to establish frugal trends and problems.
a) fiscal drag b) crowding out c) recognition stave d) bracket creep 6. Government macroeconomic policies aimed at all-embracing employment, price stability and external ba lance. a) government expen! diture b) stabilization policies c) discretionary fiscal policy d) cyclical bud pay component 7. The main position of the Federal Reserve is to a) dispense the governments budget and fiscal policy b) provide advice to the government on the state of the economy c) supervise the operations of the financial system and monetary management d) establish the value of the dollar and official interest rates 8. The functions of the Federal Reserve...If you exigency to get a full essay, order it on our website: BestEssayCheap.com
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