Cards in this guide (24)
How does bankruptcy affect interest rates on loans and credit cards
It cause interest rates to rise.
What is a Treasury Note
Treasury Notes (T-Note) matures in two to ten years. They have a
coupon payment every six months, and are commonly issued with
maturities dates of 2, 3, 5 or 10 years, for denominations from
$1,000 to $1,000,000
What are the three ways the Federal reserve can change the money supply
The Federal Reserve can change the money supply with 1) open
market operations, 2)making changes in the reserve ratio, and 3)
making changes in the discount rate. Of the three policies the open
market is the most common.
What technology do lawyers use
Computers, telephones, internet, and other office technology but
they probably also use cars, planes and household technologies
What problem does tight money policy combat
tight money policy combats inflation (when to much money is out
in circulation the Fed limits the amount of money that is in
Circulation known as the tight money policy.)
What does lender of last resort mean with respect to the federal reserve
it lends money to banks or anyother 'institution' in financial
difficulty.
Which of the following is an argument in favor of lowering the levels of personal income tax
consumers will spend more money in the market.
Which of the following tools is an example of monetary policy
the government restricts the amount of money that banks can
lend.
A supply-side economist would be in favor of what
In contrast with classical economics keynesian economics does what
In contrast with Classical economics, Keynesian economics takes
a broader view of the economy
In the United States what does the general level of a family's income have to do with the amount of cash the family is likely to hold
In America, it is accepted that the more money someone makes,
the more they should have in savings or invested. This may not
always be the case, but it is believed to be.
What are the main components in the Federal Reserve banks
The Federal Open Market Committee. The Federal Open Market
Committee (FOMC) consists of seven Federal Reserve Board members
and five Federal Reserve bank representatives. The FOMC sets
monetary policy by.
Why is the monetary policy administered by the federal reserve the principal method of softening the effects of the business cycle
Because there are more political complications with determining
and implementing fiscal policy.
What is the annual income earned by US owned firms and US citizens referred to as
Which of the following situations could cause a budget deficit for the federal government
What is the abbreviation for the research arm of the federal reserve
FAC (Federal Advisory Councel)
What does a fractional reserve banking system mean
ensures growth in the economy
Truth in lending laws require
sellers provide full and accurate information about loan terms
Julia invested 3000 at an annual interest rate of 5 percent from last year to this year there has been a 4 percent inflation rate after a year the purchasing power of her investment
What is the federal reserve best known for
For regulating the nations money supply
What is the money multiplier formula
The money multiplier formula is the amount of new money that will be created with each demand deposit, calculated as 1 ÷ RRR.
A depreciation in the external value of the currency is likely to...
If the Fed were to impose a slight increase in the required reserves ratio there would be .
If the Fed were to impose a slight increase in the required
reserves ratio, there would be _____.
What is the discount rate for a stereo priced at 399.99 but on sale for 329.99 Round the discount rate to the nearest tenth of a percent