Money Banking and the Financial System 3E - Hubbard - TB chapter 14

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1、Money,Banking,andtheFinancialSystem,3e(Hubbard/O'Brien)Chapter14TheFederalReserve'sBalanceSheetandtheMoneySupplyProcess14.1TheFederalReserve'sBalanceSheetandtheMonetaryBase1)ThemonetarybaseisequaltoA)allcurrencyincirculationplusalldepositsinfinancialinstitutions.B)allcurrencyincirculationplusch

2、eckabledepositsinfinancialinstitutions.C)allcurrencyincirculationplusreservesheldbybanks.D)checkabledepositsindepositoryinstitutionsplusreservesheldbybanks.Answer:CDiff:1PageRef:462Topic:Fed'sbalancesheetObjective:ExplaintherelationshipbetweentheFed'sbalancesheetandthemonetarybase*:RecurringAAC

3、SB:ReflectiveThinking2)WhichofthefollowingisaliabilityoftheFed?A)U.S.governmentsecuritiesB)currencyincirculationC)discountloanstobanksD)checkabledepositsincommercialbanksAnswer:BDiff:1PageRef:463Topic:Fed'sbalancesheetObjective:ExplaintherelationshipbetweentheFed'sbalancesheetandthemonetarybase

4、*:RecurringAACSB:ReflectiveThinking3)WhichofthefollowingisanassetoftheFed?A)reservesofbanksB)currencyincirculationC)discountloanstobanksD)checkabledepositsincommercialbanksAnswer:CDiff:1PageRef:463Topic:Fed'sbalancesheetObjective:ExplaintherelationshipbetweentheFed'sbalancesheetandthemonetaryba

5、se*:RecurringAACSB:ReflectiveThinking30Copyright©2018PearsonEducation,Inc.4)WhichofthefollowingisaliabilityoftheFed?A)reservesB)U.S.governmentsecuritiesC)discountloanstobanksD)checkabledepositsincommercialbanksAnswer:ADiff:1PageRef:463Topic:Fed'sbalancesheetObjective:Explaintherelationshipbetwe

6、entheFed'sbalancesheetandthemonetarybase*:RecurringAACSB:ReflectiveThinking5)ThepapercurrencyoftheUnitedStatesisissuedbyA)stategovernmentsandtheFed.B)stategovernmentsandtheU.S.Treasury.C)theU.S.Congress.D)theFed.Answer:DDiff:2PageRef:464Topic:Fed'sbalancesheetObjective:Explaintherelationshipbet

7、weentheFed'sbalancesheetandthemonetarybase*:RecurringAACSB:ReflectiveThinking6)ThedifferencebetweencurrencyoutstandingandcurrencyincirculationisequaltoA)vaultcash.B)bankreserves.C)coinsissuedbytheU.S.Treasury.D)zero;theyarethesame