Categories
ECON 545 Week 5 Quiz
$6.00

ECON 545 Week 5 Quiz

This Tutorial was purchased 21 times & rated A+ by student like you.

 

This Tutorial contains following Attachments

  • ECON 545 Week 5 Quiz.zip

Suppose that the reserve requirement is 5%. What is the effect on the total checkable deposits in the economy if banks reserves increased by $60 billion? The formula for the simple deposit multiplier is? (Related to Solved Problem # 1) Suppose that simple economy produces only the following goods and services; shoes, hamburgers, shirts and cotton. Further, assume that all of the cotton is used in the production of shirts. Use the information in the following table to calculate Nominal Gross Domestic Product ( NGDP) for 2015. Why might cutting government spending as a fiscal policy be a more difficult policy than the use of the monetary policy to slow down an economy experiencing inflation? The legislative process works quickly The government has more concentrated power than the Fed The economy may have already slowed The Legislative process experiences longer delays than monetary policy Suppose that Deja owns a McDonald’s franchise. She decides to move her restaurant’s checking account to Wells Fargo, which causes the changes shows on the following T-account Reserves: -$100,000 Deposits: $100,000 If the required reserve ratio is 0.05 percent and Wells Fargo currently has no excess reserves, the maximum loan Wells Fargo can make as a result of this transaction is (related to solved problem #3) Suppose the information in the following table is simple economy that produces only the following four goods; shoes, hamburgers, shirts and cotton. Further, assume that all of the cotton is used to produce shirts. Suppose the economy is initially in long run equilibrium. The Fed enacts a policy to decrease the discount rate. In the short run, this expansionary monetary policy will cause; A shift from SRAS to SRAS2 and a movement to point B, with a lower price level and higher output. A shift from AD1 to AD2 and a movement to point B, with a higher price level and a higher output. A shift from SRAS2 to SRAS1 and a movement to point D, with a higher price level and a lower output. Shift from AD2 to AD1 and a movement to point C with a lower price level and the same output. Excess Reserves Are the deposits that banks do not use to make loans Are loans made at above market interest rates Are reserves banks keep to meet the reserves requirement Are reserves banks keep above the legal requirement A simple economy produces two goods, Apple pies and software. Price and Quantity data are as follows; Consider the following table; What can we expect from the Federal Reserve Bank if it seeks to move the economy in the direction of a long run macroeconomics equilibrium? The Fed will pursue an expansionary fiscal policy The Fed will pursue a contractionary monetary policy The Fed will pursue an expansionary monetary policy The Fed will pursue a contractionary fiscal policy What will happen to the showing indicators? Actual Real GDP; Potential Real GDP; Price Level; Unemployment Suppose you deposit a $800 cash into your checking account; By how much will the total money supply increase as a result when the required reserve rate is 0.10? The Federal Reserve cannot affect Real GDP directly, therefore, the Fed typically uses the following as its policy target? Inflation Government expenditures Taxes Interest rates If the Federal Reserve purchases $130 million worth of US treasury bills from the public, the money supply will The unemployment rate; Shows the percentage of the population that is considered unemployed. Is the amount of the labor force that is not working Is the amount of people in the population that are not working Shows the percentage of the labor force that is considered unemployed. When the Federal Reserve increases the discount rate as a part of a contractionary monetary policy, there is; A decrease in the money supply and an increase in the interest rate A decrease in the money supply and a decrease in the interest rate An increase in the money supply and a decrease in the interest rate An increase in the money supply and an increase in the interest rate Suppose the economy is in long run equilibrium, the Fed decides to increase the discount rate, in the short run, this contractionary monetary policy will cause; A shift from SRAS 1 to SRAS2, and a movement to point A, with a higher price level and same output A shift from SRAS 2 to SRAS 1 and a movement to point B, with a lower price level and a higher output A shift from AD2 to AD1 and a movement to point D with a lower price level and lower output A shift from AD1 to AD2 and a movement to point B with a higher price level and higher output According to the multiplier effect, an initial decrease in the government purchases decrease the real GDP by initial decrease in government purchases. In an economy, the working age population is 300 million of this total; 240 million workers are employed 9 million workers are unemployed 42 million workers are not available for work (homemakers, full time students, etc) 6 million workers are available for work, but are discourage, and thus are not seeking work 3 million workers are available for work but are not currently seeking work due to transportation and child care problems. The unemployment rate in this economy Suppose you deposit $1,000 cash into your checking account, By how much will checking deposits in the banking system increase as a result when the required reserve ratio is 0.40% The change in checking deposit is equal Suppose the government increases expenditures by $110 billion and the marginal propensity to consume is 0.80 . By how will equilibrium GDP change? The change in equilibrium GDP

Write a review

Order Id


Order Id will be kept Confidential
Your Name:


Your Review:
Rating:   A   B   C   D   F  

Enter the code in the box below:



Related Tutorials
$18.00

This Tutorial was purchased 31 times & rated A+ by student like you.

1. Question : (TCO A) Suppose you are hired to manage a small manufacturing facility that produces Widgets. (a.) (15 points) You know from data collected on the Widget Market that market demand and market supply have both increased recently. As manager of the facility, what decisions..
$18.00

This Tutorial was purchased 6 times & rated A+ by student like you.

DEVRY ECON 545 Week 1 DQ 1 Supply and Demand DEVRY ECON 545 Week 1 DQ 2 Elasticity and the Minimum Wage DEVRY ECON 545 Week 2 DQ 1 Marginal Analysis DEVRY ECON 545 Week 2 DQ 2 Controlling Costs DEVRY ECON 545 Week 3 DQ 1 Mergers Acquisitions DEVRY ECON 545 Week 3 DQ 2 Anti-Tru..
$55.00

This Tutorial was purchased 9 times & rated A by student like you.

ECON 545 Week 1 DQ 1 Supply and Demand ECON 545 Week 1 DQ 2 Elasticity and the Minimum Wage ECON 545 Week 2 DQ 1 Marginal Analysis ECON 545 Week 2 DQ 2 Controlling Costs ECON 545 Week 3 DQ 1 Mergers Acquisitions ECON 545 Week 3 DQ 2 Antitrust Policy ECON 545 Week 3 Course ..
$4.00

This Tutorial was purchased 1 times & rated No rating by student like you.

Let's discuss one of the most important areas of economics, namely the use of leading economic indicators to forecast the future direction of the macroeconomy.  What websites are helping you gain a better understanding of where the economy is heading in the next 12 m..
$4.00

This Tutorial was purchased 2 times & rated A+ by student like you.

What is the appropriate balance between private and public (i.e., government) activity? Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market (e.g. Chrysler, tariffs on Japanese luxury cars, the airline industr..
$15.00

This Tutorial was purchased 19 times & rated A by student like you.

ECON545: Project 2—Macroeconomic Analysis   The Macroeconomic Paper tests your ability to apply economic principles to a business decision considering the impact of macroeconomic variables. Select one situation from the items outlined below: A to D. Complete the paper on the selected..
$4.00

This Tutorial was purchased 0 times & rated No rating by student like you.

What are the monetary policies required to fight unemployment? What about those required to fight inflation? What are some of the downside risks and potential problems involved when using monetary policy? ..
$4.00

This Tutorial was purchased 2 times & rated A+ by student like you.

What fiscal policies are required to fight unemployment? Which ones are required to fight inflation? What are some of the downside risks and potential problems involved when using fiscal policy? ..
$4.00

This Tutorial was purchased 1 times & rated No rating by student like you.

Do a little research about foreign exchange traders. It's a big business; how do they make money? What is the relationship between FX rates and interest rates? ..
$4.00

This Tutorial was purchased 2 times & rated A+ by student like you.

What have been some major causes of the large U.S. trade deficits since 1992? What is a major benefit (you could address that issue) or a major cost (or you could address that issue) associated with trade deficits? ..
$4.00

This Tutorial was purchased 1 times & rated B+ by student like you.

The healthcare sector is often cited as being fraught with just about every economic imperfection that is known to humankind. Can you identify and briefly describe ONE of these imperfections? Do you know of any examples? ..
$4.00

This Tutorial was purchased 3 times & rated No rating by student like you.

Scour the national media for a credible macroeconomic current issue (many good sources are available online) in which Chapters 19-21 is at the heart of the matter. Summarize your article for your colleagues and attach a link to your article. Make sure you appropriately refer to the textbook secti..
$15.00

This Tutorial was purchased 13 times & rated A by student like you.

ECON545: Project 1—Microeconomic Analysis   The Microeconomic Paper tests your ability to apply economic principles to a business decision. Select one situation from the items outlined below: A to D. Complete the paper on the selected situation as specified below. The completed paper..
$4.00

This Tutorial was purchased 0 times & rated No rating by student like you.

Review and chose a firm of your choice provided by your instructor. Is this firm a monopoly? In what ways could it be considered a monopoly? What markets are involved? What anti-trust legislation would apply? Is anti-trust legislation "fair" to your chosen firm? Why or why not? ..
$4.00

This Tutorial was purchased 2 times & rated A+ by student like you.

Have you ever been involved in a merger or acquisition? If so, tell us about your experiences. If not, comment on this week's tutorial, "The Private Sector." ..
$4.00

This Tutorial was purchased 1 times & rated B+ by student like you.

Name some of the ways firms attempt to control their costs. How does your firm control costs? The key here in keeping this question interesting is that reducing the workforce or having one person do the work of three people are not the only ways to control costs. I'm looking for more cr..
$4.00

This Tutorial was purchased 0 times & rated No rating by student like you.

Why is marginal analysis important in economics?  How do the tutorials Basics of Marginal Analysis and Understanding and Applying Marginal Analysis at the end of this week's lecturereinforce the concepts of marginal analysis? How can any firm find the right prod..
$4.00

This Tutorial was purchased 0 times & rated No rating by student like you.

What are your thoughts about minimum wage legislation? What kind of a price-control policy is this? Who gains? Who loses? Are there alternatives to this legislation for achieving the same policy objectives? What role do demand and supply elasticities play in determining outcomes? ..
$4.00

This Tutorial was purchased 5 times & rated A+ by student like you.

What is the difference between a change in demand versus a change in quantity demanded? A change in supply versus a change in quantity supplied? Why is it so important to differentiate between these similar-sounding terms? ..
$6.00

This Tutorial was purchased 21 times & rated A+ by student like you.

Suppose that the reserve requirement is 5%. What is the effect on the total checkable deposits in the economy if banks reserves increased by $60 billion? The formula for the simple deposit multiplier is? (Related to Solved Problem # 1) Suppose that simple economy produces only the following goo..
$10.00

This Tutorial was purchased 4 times & rated A+ by student like you.

1. (TCO A) Suppose you are hired to manage a small manufacturing facility that produces Widgets. (a.) (15 points) You know from data collected on the Widget Market that market demand has recently decreased and market supply has recently increased. As manager of the facility, what decisions shou..
$8.00

This Tutorial was purchased 8 times & rated No rating by student like you.

Consider the market for ping golf clubs. Suppose the price of memberships at local golf courses increases. Use the line drawing tool to show how this affects the demand for ping golf clubs by drawing a new demand curve. Assume memberships at local golf courses and ping golf clubs are complements...
$8.00

This Tutorial was purchased 5 times & rated No rating by student like you.

ECON545: Project 1—Microeconomic Analysis The Microeconomic Paper tests your ability to apply economic principles to a business decision. Select one situation from the items outlined below: A to D. Complete the paper on the selected situation as specified below. The completed paper is a professi..
$8.00

This Tutorial was purchased 5 times & rated B+ by student like you.

ECON545: Project 1—Microeconomic Analysis The Microeconomic Paper tests your ability to apply economic principles to a business decision. Select one situation from the items outlined below: A to D. Complete the paper on the selected situation as specified below. The completed paper is a professi..
$8.00

This Tutorial was purchased 4 times & rated No rating by student like you.

ECON545: Project 1—Microeconomic Analysis The Microeconomic Paper tests your ability to apply economic principles to a business decision. Select one situation from the items outlined below: A to D. Complete the paper on the selected situation as specified below. The completed paper is a professi..
$8.00

This Tutorial was purchased 3 times & rated A+ by student like you.

ECON545: Project 1—Microeconomic Analysis The Microeconomic Paper tests your ability to apply economic principles to a business decision. Select one situation from the items outlined below: A to D. Complete the paper on the selected situation as specified below. The completed paper is a professi..
$8.00

This Tutorial was purchased 6 times & rated B+ by student like you.

ECON545: Project 2—Macroeconomic Analysis The Macroeconomic Paper tests your ability to apply economic principles to a business decision considering the impact of macroeconomic variables. Select one situation from the items outlined below: A to D. Complete the paper on the selected situation as ..
$8.00

This Tutorial was purchased 3 times & rated No rating by student like you.

ECON545: Project 2—Macroeconomic Analysis The Macroeconomic Paper tests your ability to apply economic principles to a business decision considering the impact of macroeconomic variables. Select one situation from the items outlined below: A to D. Complete the paper on the selected situation as ..
$8.00

This Tutorial was purchased 6 times & rated A+ by student like you.

ECON545: Project 2—Macroeconomic Analysis The Macroeconomic Paper tests your ability to apply economic principles to a business decision considering the impact of macroeconomic variables. Select one situation from the items outlined below: A to D. Complete the paper on the selected situation as ..
ECON 545 © 2017 All Rights Reserved.