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Macro Unit 4 Test

Authored by Catalina Sallette

Other

10th Grade

Used 1+ times

Macro Unit 4 Test
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21 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

higher unexpected inflation

borrowers better off

borrowers worse off

2.

DROPDOWN QUESTION

1 min • 1 pt

unexpected inflation causes real rate of return on an asset to ​​ (a)   and real value of assets to ​ (b)  

fall
rise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

fisher equation

nominal= real + inflation rate

nominal = real - inflation rate

4.

MATCH QUESTION

1 min • 1 pt

Match the following

bank reserves + currency

M2

larger liquid assets + larger time deposits

MB

savings accounts + short term certificates of deposits +money market accounts

M3

currency & coins in circulation + checkable deposits + travelers checks

M1

5.

DROPDOWN QUESTION

1 min • 1 pt

total potential chnage to money supply is calculated by multiplying the ​ (a)   by the ​ (b)  

money multiplier
excess reserves
reserve requirments
money supply

6.

DROPDOWN QUESTION

1 min • 1 pt

in the money market, supply is independent of the ​ (a)  

nominal interest rate
real interest rate
quantity of money demanded

7.

DROPDOWN QUESTION

1 min • 1 pt

Nominal interest rates is the PL in the money market because it is the ​​ (a)   of holding money

opportunity cost
supply
demand
inflation rate

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