Question
Q1: Open market operations change the ______; changes in the interest rate paid on reserves change the _________. A.money multiplier; monetary base. B.monetary base; reserve
Q1: Open market operations change the ______; changes in the interest rate paid on reserves change the _________.
- A.money multiplier; monetary base.
- B.monetary base; reserve requirements.
- C.money multiplier; reserve requirements.
- D.monetary base; money multiplier.
Q2:The quantity theory predicts that---over long time periods---countries with high money growth tend to have______ inflation.
- A.high
- B.low
- C.constant
- D.decreasing
Q3: The ex ante real interest rate is based on _______ inflation, while the ex post real interest rate is based on _______ inflation.
- A.expected; core
- B.actual; expected
- C.expected; actual
- D.core; actual
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Marketing
Authors: Shane Hunt
3rd Edition
1260800458, 9781260800456
