answer these quick mcq's in 10-15 miins please! they are easy and choices are below 'group of answer choices'

Question 15 pts

What can monetary policy influence? (4.6)

Group of answer choices

Interest Rates

Aggregate Demand

Real Output

Price Level

All of the above

Flag question: Question 2Question 25 pts

Open market operations refer to which of the following activities? (4.6)

Group of answer choices

Loans made by member commercial banks to the central bank

The government's contribution to consumption

The purchase and sale of stocks in the stock market

The government's purchase and sale of private stocks

The purchase and sale of government securities by the central bank

Flag question: Question 3Question 35 pts

Which of the following is a limitation of monetary policy? (4.6)

Group of answer choices

It takes time to recognize a problem in the economy

It takes time for an economy to adjust to the policy action

There are no limitations of monetary policy

Both A and B

None of the above are correct

Flag question: Question 4Question 45 pts

Which monetary policy would be used by a central bank to close an inflationary gap? (4.6)

Group of answer choices

Buy Bonds

Decrease the discount rate

Decrease the reserve ratio

Increase government spending

Sell Bonds

Flag question: Question 5Question 55 pts

Which of the following terms allows banks to loan money from a central bank? (4.6)

Group of answer choices

Federal Funds Rate

Required Reserve Ratio

Discount Rate

Open Market Operations

Exchange Rate

Flag question: Question 6Question 65 pts

What will happen if a central bank decides to sell bonds? (4.6)

Group of answer choices

Reserves decrease; monetary base decreases

Reserves decrease; monetary base increases

Reserves increase; monetary base decreases

Reserves increase; monetary base increases

None of the above are correct

Flag question: Question 7Question 75 pts

Which of the following statements is true about the Federal Funds Rate? (4.6)

Group of answer choices

It is the interest that banks charge each other for overnight loans

If the rate is increased it can result in higher interest rates

If the rate is lowered it can result in lower interest rates

The Central Bank will use this to influence monetary policy

All of the above

Flag question: Question 8Question 85 pts

Which of the following statement shows an effect of an open market sell by a bank? (4.6)

Group of answer choices

Reserves increase and the monetary base increases

Reserves increase and the monetary base decreases

Reserves decrease and the monetary base increases

Reserves decrease and the monetary base decreases

None of the above answers are correct

Flag question: Question 9Question 95 pts

Which of the following statements is true about an economy with limited reserves and an economy with ample reserves? (4.6)

Group of answer choices

In an economy with limited reserves, any change in monetary policy results in shifting the money supply curve and the interest rate.

In an economy with ample reserves, any change in the money supply does not significantly change the interest rates

In an economy with ample reserves, any change in the money supply significantly changes the interest rates

Both A and B are correct

Both A and C are correct

Flag question: Question 10Question 105 pts

What are tools a central bank can use in an ample reserve economy? (4.6)

Group of answer choices

Discount Rate

Open Market Operations

Required Reserve Ratio

Quantitative Easing

A, B, and C are correct

Flag question: Question 11Question 115 pts

If a central bank conducts an open market purchase in an economy with limited reserves what would be the effect? (4.6)

Group of answer choices

The effect on the money supply is greater than the effect on the monetary base

The effect on the money supply is lesser than the effect on the monetary base

The money multiplier impacts the monetary base

The money multiplier has no impact on the monetary base

Both A and C

Flag question: Question 12Question 125 pts

Which of the following statements is correct about an expansionary monetary policy. (4.6)

Group of answer choices

When the central bank wants to increase money supply and lower interest rates

When the central bank wants to lower money supply and lower interest rates

When the central bank wants to lower money supply and increase interest rates

When the central bank wants to increase money supply and increase interest rates

None of the above are correct

Flag question: Question 13Question 135 pts

In Longhorntopia, people are able to convert their assets into money quicker due to a new banking invention. In response to this, the nominal interest rate and demand for money has changed.

If the central bank wanted reverse the effects of this, which of the following actions should it take? (4.6)

Group of answer choices

Buy Bonds

Sell Bonds

Lower the Reserve Requirement

Lower taxes

Lower the discount rate

Flag question: Question 14Question 145 pts

In Longhorntopia, the economy has an upward sloping short run aggregate supply curve. If the central bank in Longhorntopia began a contractionary monetary policy, what would happen? (4.6)

Group of answer choices

Price level decrease

Money supply increases

Interest rate decreases

Price level increases

Aggregate demand increases

Flag question: Question 15Question 155 pts

In Longhorntopia, the economy has an upwardsloping short run aggregate supply curve. If the central bank in Longhorntopia began an expansionarymonetary policy, what would happen?

Group of answer choices

Money supply decreases

Money supply increases

Price level decreases

Price level increases

Both B and D

Flag question: Question 16Question 165 pts

Why would the central bank in Longhorntopia decide to sell their existing treasury bonds? (4.6)

Group of answer choices

Raise interest rates, lower aggregate demand, lower the price level

Lower interest rates, Lower aggregate demand, lower the price level

Raise interest rates, raise aggregate demand, raise the price level

Lower interest rates, raise aggregate demand, raise the price level

None of the above are correct

Flag question: Question 17Question 175 pts

What is a short- run effect of a decrease in the money supply on output and the price level? (4.6)

1. Output increases
2. Output decreases
3. Price level increases
4. Price level decreases

Group of answer choices

I and III

I and IV

II and III

II and IV

Output nor price level are impacted

Flag question: Question 18Question 185 pts

In Longhorntopia, the demand for money has increased, which has impacted the nominal interest rate. If the central bank wanted to counteract this, which of the following open market operation should the bank do? (4.6)

Group of answer choices

Decrease the reserve requirement

Increase taxes

Decrease taxes

Sell Bonds

Buy Bonds

Flag question: Question 19Question 195 pts

Which of the following actions by a central bank would reduce a bank's ability to create money in a limited reserve economy? (4.6)

Group of answer choices

Decreasing the reserve requirement

Increasing the reserve requirement

Buying Bonds

Decreasing the discount rate

All of the above are correct

Flag question: Question 20Question 205 pts

In Longhorntopia, if the aggregate demand is growing faster than long- run aggregate supply, what should the central bank do? (4.6)

Group of answer choices

Decrease the discount rate

Decrease the required reserve ratio

Increase the interest rate on reserve balances

Decrease the interest rate on reserve balances

None of the above are correct