4. Money stockIdentify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes.ExampleM1M2Rosa has $7,000 in a two-year certificate of deposit (CD).Nick has $30,000 in a money market account.Jake has a roll of quarters that he just withdrew from thebank todo laundry.

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Answered: 4. Money stock Identify whether each of…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question M1 money is composed of.. A. currency,demand deposits, traveller's checks, other checkable accounts B. currency, demand deposits, savings deposits, money market mutual funds, and small-time deposits C. currrency, government bonds, gold certificates, and coins D. currrency, NOW accounts, savings accounts, and government bonds 20°C A 4 Type here to search f11 f12 pause f7 f8 f9 f10 f6 E3 f1 f2 f3 f4 f5
1. All of the following described are attributes of Fiat money except: 1. Money without intrinsic value 2. Used as money because of government decree 3. This note is legal tender for all debts, public and private 4. Paper money backed by gold standard 1. In today's energy markets, oil prices have gone higher due to more demand and smaller supply. Due to these current economic conditions, what do you think the Federal Reserve bank governor of Dallas, Texas (energy region of economy) opinion would be on interest rates? 1. Raise interest rates 2. Lower interest rates 3. Keep interest rates the same
Small-denomination time deposits are included in which of the following measures of the money supply of the United States? Select one: A. Neither M1 nor M2. B. Both M1 and M2. C. M2 but not M1. D. M1 but not M2.
The money in your personal checking account is counted as: A. Neither M1 nor M2 money B. M1 money only C. M2 money only D. M1 and M2 money
2. The Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households deposit $5000 in currency into the bank and that currency is added to reserves. 2.1 How much excess reserves does the bank now have? Show your computation. 2.2 Complete the table below for the Third National Bank. Classify the assets and liabilities and net worth. What is the total assets of Third National Bank? The figures in the table below are for the Third National Bank. All figures are in thousands of dollars. Assets Liabilities and Net Worth Stock Shares $ 420 $ _____ $ _____ Reserves 25 _____ _____ Property 300 ____ _____ Securities 100 ____ _____ Loans 100 ____ _____ Demand Deposits 105 ____ _____ 2.3. If the required reserve ratio for the Third National Bank is 10 percent, what is the monetary multiplier?
Question 18 In a 100-percent-reserve banking system, if people decided to decrease the amount of currency they held by increasing the amount they held in checkable deposits, then a. M1 would increase. b. M1 would decrease. c. M1 would not change. d. M1 might rise or fall.
Determine whether each of the following is included in both M1 and M2 or M2 only: a. a Connecticut quarter b. a savings account at a local savings bank c. a share draft account at a credit union d. money market deposit accounts e. American Express travelers’ checks
Which function of money is best served by bitcoin? A. A medium of exchange B. A unit of account C. A store of value
Only typed Answer
Your answer is incorrect. The economy of Greatstown currently has $60.00 million worth of currency in circulation, $2.00 million worth of traveler's checks, $5.00 million in small time-deposits, and $30.00 million in savings deposits. Total M1 is equal to $120.00 million. Calculate the amount of checkable deposits in Greatstown: 58000000
Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes. Example Kyoko has $6,000 in a six-month certificate of deposit (CD). Jacques has $2,000 in a savings account. Darnell has a roll of quarters that he just withdrew from the bank to do laundry. M1 00 M2 U D
Question 1. A bank has $140,000 in reserves, $1,600,000 in loans, and checkable deposits of $1,250,000. If the required reserve ratio is 10%, how are reserves split between required reserves and excess reserves?

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