unit 5 econ
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | money policy is usually adopted in a time of economic recession.
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| What are the 3 goals of the Fed and monetary policy? | show 🗑
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| show | It lowers savings rates
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| show | major independence from political authorities, relies on district banks to carry out banking policies developed on national level, member banks own stock in the Fed reserve banks their districts
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| show | interest rates fall and credit is abundant
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| show | money supply
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| A short-term monetary policy action would MOST LIKELY. | show 🗑
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| show | aggregate demand
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| What would MOST LIKELY happen if the Federal Reserve System lowered interest rates? | show 🗑
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| show | tight
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| How might monetary policy be used to combat inflation fears? | show 🗑
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| Which of these would deter inflation? | show 🗑
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| Which has LEAST LIKELY been the historical goal of the Federal Reserve's monetary policy? | show 🗑
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| show | Collecting all of the data needed for analysis and action can take months, Time-consuming discussions about the data must take place, time passes before the impact of the monetary policy is felt through the economy
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| What are the 2 big reasons the Fed puts new money into circulation? | show 🗑
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| show | drop
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| show | reduce the money supply
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| show | consumer spending increase
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| show | decrease tax rate
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| which of these actions of the Federal Reserve can slow economic growth? | show 🗑
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| show | government spending and taxation
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| show | increased deficit spending and increasing or growing national debt
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| show | regulate the money supply
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| show | "Sin taxes" disproportionately affects lower income groups
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| show | decreased saving and increased spending
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| which action by the Federal Reserve would help to slow down rising inflation? | show 🗑
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| Many local governments rely on sales taxes for much of their revenue. When they have budget shortages, why do they not simply raise rates as needed? | show 🗑
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| show | shrink the deficit
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| the economy is experiencing rapid inflation , pushing above 9%, which fiscal policy action should the government implement in an attempt to fix this problem? | show 🗑
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| what is the name of the "central bank" in the United States? | show 🗑
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| show | inflation
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| show | the unemployment rate will rise
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| show | monetary policy
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| show | money supply decreases and interest rates increase
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| fearing a recession the government decides to give citizens a tax rebate check to buy Christmas gifts. What is possible outcome of this action? | show 🗑
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| show | fiscal policy
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| you want a new truck. How can the Federal Reserve raising of the discount rate affect your decision to purchase the truck? | show 🗑
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Terminal98