Money and Banking
Authored by Jason Lee
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12th Grade - University
Used 74+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation of exchange?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the Money Market graph, the
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Demand for Money is made up of
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bank can only lend out it's
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Kanye has $12,000 in cash and he deposits it in Kardashian National Bank. How much does M1 change?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Young Metro begins trusting banks and he deposits $10,000 in his. The reserve requirement is 20%. How much can his bank now lend out?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A commercial bank sells $10k in securities. The reserve requirement is 10%. How much of the money can the bank lend?
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