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- Due to the huge inflow of money to Spain, price levels have begun to increase. The government worries that this huge money supply will be an economic problem soon. Which of these monetary policies will work to solve this problem? a. Increase cash reserve ratio, increase interest rates and buy government bonds b. Decrease cash reserve ratio, decrease interest rates and sell government bonds c. Decrease cash reserve ratio, increase interest rates and sell government bonds d. Increase cash reserve ratio, increase interest rates and sell government bondsThe government of a small country imposes a minimum reserve ratio of 7%. If a bank within this country receives a deposit of $130,000, then: Select one: a. $9,100 should be lent out to customers and $120,900 should be held by the bank b. $120,900 should be lent out to customers and $9,100 should be held by the bank c. None of the answers are correct d. $130,000 should be fully lent to customers at 7% $130,000 should be fully lent to customers at 7% $130,000 should be fully lent to customers at 7% e. $130,000 should be held by the bankThe fractional reserve banking system A. requires banks to hold a portion of their demand deposits as cash. B. imposes limits on the amount of money that banks can create. C. precludes banks from creating money. D. requires that banks keep excess reserves. Option A is Wrong...FYI, hoping to get the correct answer and an explanation.
- Which of the following is NOT a policy tool of the Central Bank? *a. open market operationsb. the amount of required reserves held by member banksc. the interest rate charged by the government for loans to member bankd. the tax rate imposed on interest incomeWhich one of these is not a tool used in monetary policies? a. Open market operations b. Cash reserve ratio c. Tax rates d. Bank ratesWhat is the main tool used by central banks to control the money supply? A. Fiscal policy B. Open market operations C. Exchange rate policy D. Price controls
- When a commercial bank borrows from the Fed, a. it must be because the bank is not meeting its reserve requirements. b. the money supply falls. c. the bank can make more loans. d. the reserves of the bank fall.If a society chooses fiat money as its money form, it __________.Group of answer choices A. will need to make sure the currency is convertible into gold B. must make sure there is an illiquid money supply C. should estimate any central bank D. must be particularly vigilant about controlling the quantity of moneyBank managers lend the excess reserves created when new deposits come in because they want to a. create new money in the economy. b. earn a profit. c. deplete required reserves. d. deplete desired reserves.
- If the demand for money increases and the monetary authorities want interest rates to remain unchanged, which of the following would be appropriate policy? Select one: a. raise the desired reserves b. sell securities to the households. c. buy bonds in the open market d. increase the bank rate e. recall currency from circulationNational reserves at central banks mainly include Select one: a. Hard Currencies b. Gold c. US currency, i.e., USD d. All the options are includedIf the Bank of Canada were to conduct an open market purchase, it would Select one: a. decrease the money supply and decrease output. b. increase the money supply and decrease output. c. increase the money supply and increase output. d. decrease the money supply and increase output.