
QUIZ FOR MONETARY POLICY
Authored by Jolie Zonio
Business
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Monetary Policy is a set of actions to control a nation’s overall money supply and achieve economic growth.
True
False
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If the inflation is high, an expansionary monetary policy can address the issue
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An expansionary monetary policy generally decreases unemployment because the higher money supply stimulates business activities that lead to the expansion of the job market.
True
False
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Reserve requirements is a fixed term deposits with the BSP by banks and trust entities of BSP –supervised financial institutions.
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Rediscounting is a a special refinancing facility of central banks wherein a financial institution borrows money from the BSP using promissory notes and other loan papers of its borrower as collateral.
True
False
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Bangko Sentral ng Pilipinas focused mainly on achieving price stability.
True
False
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Contractionary Monetary Policy intends to decrease the level of liquidity or money supply in the economy.
True
False
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