AP Macro Review

AP Macro Review

Assessment

Flashcard

Social Studies

12th Grade

Hard

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104 questions

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1.

FLASHCARD QUESTION

Front

Based on the Required Reserves that Reserve Ratio must be: 5%, 10%, 20%, 19%, none of the above

Back

10%

2.

FLASHCARD QUESTION

Front

If the reserve requirement is 10%, the total money supply can grow by _______ due to this bank loaning out as much as it can.

Back

$8100

3.

FLASHCARD QUESTION

Front

If this bank were to purchase securities from the Fed, it could currently purchase _______ in securities.

Back

$810

4.

FLASHCARD QUESTION

Front

If the reserve requirement is 10%, this bank has _______ in excess reserves

Back

$32

5.

FLASHCARD QUESTION

Front

If the reserve requirement is 20%, this bank has _______ in excess reserves

Back

$12

6.

FLASHCARD QUESTION

Front

If the reserve requirement is 10%, this bank can increase the money supply by increasing loans by $100, loans by $320, loans by $32, or securities by $100.

Back

loans by $320

7.

FLASHCARD QUESTION

Front

This bank has a reserve requirement of

Back

4.5%

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