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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 5 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Question 1 (0.75 points) The Federal Reserve lowers the reserve ratio for demand deposit accounts from 10% to
8.5%. This policy change is called
Question 1 options:
a. expansionary fiscal policy
b. contractionary fiscal policy
c. expansionary monetary policy
d. contractionary monetary policy
Question 2 (0.75 points) The Federal Reserve makes a significant purchase of U.S. Treasury bonds. This policy is
referred to as
Question 2 options:
a. expansionary fiscal policy
b. expansionary monetary policy
c. contractionary fiscal policy
d. contractionary monetary policy
Question 3 (0.75 points) Congress enacts a new excise tax on the sale of gasoline in order to raise funds to help
balance the budget. This policy can be characterized by
Question 3 options:
a. expansionary monetary policy b. contractionary monetary policy
c. expansionary fiscal policy
d. contractionary fiscal policy
Question 4 (0.75 points) The Federal and state governments agree to provide free health care coverage to low
income families with pre-school children. This policy would be called
Question 4 options:
a. expansionary monetary policy
b. expansionary fiscal policy
c. contractionary monetary policy
d. contractionary fiscal policy
Question 5 (0.75 points) An expansionary monetary policy would have the following affect
Question 5 options:
a. shift the aggregate supply to the right
b. shift the aggregate supply curve to the left
c. shift the aggregate demand curve to the right
d. shift the aggregate demand to the left
Question 6 (0.75 points) Follow up from the previous question. The policy would Question 6 options:
a. always increase prices and output
b. would likely increase prices but not necessarily increase output
c. would never increase prices but always increase output
d. would not be effective in increasing prices or output.
Question 7 (0.75 points) Which policy would be effective in an economy with considerable unemployment and
little inflation.
Question 7 options:
a. expansionary monetary policy
b. contractionary monetary policy
c. contractionary fiscal policy
d. reduction in unemployment insurance
Question 8 (0.75 points) Which policy would you recommend to be most effective in an economy with full
employment but slow economic growth
Question 8 options:
a. expansionary monetary policy
b. contractionary monetary policy
c. federal or local government investment in vocational training
d. less federal or local government spending on health care
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