Fiscal & Monetary Policy Unit Exam scream: _________________________________________ age: ________ Period: ________ 1. The distinguishing feature of a banking institution over opposite fiscal institutions is its ability to a) issue checks b) proffer financial services c) pick out in debt d) create book of facts 2. The central characteristic of money is that it a) is a store of wealth or appraise b) acts as a spiritualist of substitute c) is a measure of tax or unit of accountancy d) is a standard of deferred fabricatement 3. Assuming a 20% reserve ratio, a $500m adjoin in bank deposits leave generate an increase in new deposits of a) $250m b) $2500m c) $2000m d) $3000m 4. The annual vista of financial insurance in the light of current stintinga l conditions. A controversy of anticipated revenue, expenditure and borrowing by the political relation in a year a) regimen activity calculate b) discretionary fiscal policy c) stabilisation policies d) government expenditure 5. Length of time needed to establish economic trends and problems.
a) fiscal drag b) crowding out c) recognition put to sleep d) bracket creep 6. Government macroeconomic policies aimed at practiced employment, price stability and external bala nce. a) government expendi! ture b) stabilization policies c) discretionary fiscal policy d) cyclical bud pay component 7. The main position of the Federal Reserve is to a) take the governments budget and fiscal policy b) provide advice to the government on the state of the economy c) supervise the trading operations of the financial system and monetary management d) establish the value of the dollar and official interest rates 8. The functions of the Federal Reserve...If you regard to get a full essay, order it on our website: BestEssayCheap.com
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