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Economics

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Adelia Muller

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Cards in this guide (21)
What is fractional reserve banking

Fractional-reserve banking is what keeps the banks running. They must keep a certain amount of money in reserve (usually in the form of a deposit with the central bank), so that people can withdrawal their deposits.

What is the most frequently used word in the English language

The most commonly used word in English is the word 'the'.

The consumer price index is a measure of

inflation

What are synonyms antonyms and homonyms for deer

Synonyms-cervus,buck,doe

Antonyms-N/A

Homonyms-dear

The us government borrows money by

Issuing Treasury Bonds and other government-backed securities

The three tools the Federal Reserve uses to enact monetary policy are

the three tools the Federal Reserve uses to enact monetary policy are setting the interest rate charged to commercial banks on loans from the Federal Reserve. Setting the reserve rate. The buying and selling of Treasury bonds and other government-backed securities

What will be the effect on the interest rate the bank charges its customers for a loan if the bank buys a Treasury Bond from the Federal Reserve

The interest rate will increase since there are fewer available funds for the bank to loan.

The GDP of Germany in 2008 was roughly 3.65 trillion How do you write this in scientific notation

3.65 trillion in Scientific Notation = 3.65 x 1012

If there is an increase in the money supply that causes money to lose its purchasing power and prices to rise

It loses purchasing power.

Which of these conditions must have existed during the second four-year period

Deflation

Which of the ranges below correspond to a recession

the correct answer for apex is 1937-1939.

Approximately how much would the house have cost in 1980 when the CPI was 82.4

$62,200

Let r equals 07 br the reserve rate which of the following is mant multiplier

1

------

0.07

During a period of deflation the graph of the consumer price index CPI will fall

True

In 1990 when the consumer price index (CPI) was 130.7 Deena purchased a house for 98700. Assuming that the price of houses increased at the same rate as the CPI from 1980 to 1990 approximately how muc

62,200 for apex financial literacy 2.6.2

If there is an increase in the money supply that causes money to lose its purchasing power and leads to inflation what happens to prices

they rise

If the federal reserve sets the reserve rate to 4 what is the resulting money multiplier

it is 25 apex

If the reserve rate is 7 and a bank receives a deposit of 9000 how much of the 9000 is the bank free to lend

$8370

If the federal reserve sells 50000 in Treasury bonds to bank at 6 interest what is the immediate effect on the money supply

it is decreased by 50000

what is the ________ of the united states is the federal reserve.

central bank.

from 1980 to 1990, the consumer price index (cpi) increased from 82.4 to 130.7 if a gallon of apple juice cost $0.95 in 1980 and the price of apple juice increased at the same rate as the cpi from 1980 to 1990 approximately how much did a gallon of apple

$1.51

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