The money multiplier (m) _____ during the Great Depression and ____ during the 2007 -2009 Global Financial Crisis

A.fell; rose

B.rose; rose

C.fell; fell

D.rose; fell

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The stigma is related to

A.borrowing at the FEDs discount window

B.participation in the Federal Funds market

C.running a current account surplus

D.borrowing at the Treasurys discount window

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The mandate for the monetary policy goals that has been given to the Peoples Bank of China is an example of a ________ mandate.

A.triparte

B.dual

C.single

D.no specific

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Assume that the federal funds rate is currently at the interest rate paid on reserves. If the discount rate is lowered, then the equilibrium federal funds rate will

A.rise

B.become more volatile

C.not change

D.fall

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The interest rate the Fed charges banks borrowing from the Fed is the

A.Treasury bill rate.

B.prime rate.

C.discount rate.

D.federal funds rate.