MishkinTBch14米什金货币金融学题库Word格式文档下载.docx

1、A） policyholders.B） partners.C） depositors.D） debt holders. C3） The three players in the money supply process includeA） banks, depositors, and the U.S. Treasury.B） banks, depositors, and borrowers.C） banks, depositors, and the central bank.D） banks, borrowers, and the central bank. Revised4） Of the

2、three players in the money supply process, most observers agree that the most important player isA） the United States Treasury.B） the Federal Reserve System.C） the FDIC.D） the Office of Thrift Supervision. B14.2 The Feds Balance Sheet 1） Both _ and _ are Federal Reserve assets.A） currency in circula

3、tion; reservesB） currency in circulation; government securitiesC） government securities; discount loansD） government securities;2） The monetary liabilities of the Federal Reserve includeA） government securities and discount loans.B） currency in circulation and reserves.C） government securities and r

4、eserves.D） currency in circulation and discount loans.3） Both _ and _ are monetary liabilities of the Fed.A） government securities;D） currency in circulation;4） The sum of the Feds monetary liabilities and the U.S. Treasurys monetary liabilities is calledA） the money supply.B） currency in circulatio

5、n.C） bank reserves.D） the monetary base. D5） The monetary base consists ofA） currency in circulation and Federal Reserve notes.B） currency in circulation and the U.S. Treasurys monetary liabilities.C） currency in circulation and reserves.D） reserves and Federal Reserve Notes.6） Total reserves minus

6、bank deposits with the Fed equalsA） vault cash.B） excess reserves.C） required reserves.D） currency in circulation.7） Reserves are equal to the sum ofA） required reserves and excess reserves.B） required reserves and vault cash reserves.C） excess reserves and vault cash reserves.D） vault cash reserves

7、 and total reserves.8） Total reserves are the sum of _ and _.A） excess reserves; borrowed reservesB） required reserves; currency in circulationC） vault cash; excess reservesD） excess reserves; required reserves9） Excess reserves are equal toA） total reserves minus discount loans.B） vault cash plus d

8、eposits with Federal Reserve banks minus required reserves.C） vault cash minus required reserves.D） deposits with the Fed minus vault cash plus required reserves.10） Total Reserves minus vault cash equalsA） bank deposits with the Fed.11） The amount of deposits that banks must hold in reserve isA） ex

9、cess reserves.B） required reserves.C） total reserves.D） vault cash.12） The percentage of deposits that banks must hold in reserve is theA） excess reserve ratio.B） required reserve ratio.C） total reserve ratio.D） currency ratio.13） Suppose that from a new checkable deposit, First National Bank holds

10、two million dollars in vault cash, eight million dollars on deposit with the Federal Reserve, and one million dollars in required reserves. Given this information, we can say First National Bank has _ million dollars in excess reserves.A） threeB） nineC） tenD） eleven14） Suppose that from a new checka

11、ble deposit, First National Bank holds two million dollars in vault cash, eight million dollars on deposit with the Federal Reserve, and one million dollars in required reserves. Given this information, we can say First National Bank faces a required reserve ratio of _ percent.A） tenB） twentyC） eigh

12、tyD） ninety15） Suppose that from a new checkable deposit, First National Bank holds two million dollars in vault cash, eight million dollars on deposit with the Federal Reserve, and nine million dollars in excess reserves. Given this information, we can say First National Bank has _ million dollars

13、in required reserves.A） oneB） twoC） eightD） ten16） Suppose that from a new checkable deposit, First National Bank holds two million dollars in vault cash, eight million dollars on deposit with the Federal Reserve, and nine million dollars in excess reserves. Given this information, we can say First

14、National Bank faces a required reserve ratio of _ percent.17） Suppose that from a new checkable deposit, First National Bank holds eight million dollars on deposit with the Federal Reserve, one million dollars in required reserves, and faces a required reserve ratio of ten percent. Given this inform

15、ation, we can say First National Bank has _ million dollars in excess reserves.A） twoB） eightC） nine18） Suppose that from a new checkable deposit, First National Bank holds eight million dollars on deposit with the Federal Reserve, one million dollars in required reserves, and faces a required reser

16、ve ratio of ten percent. Given this information, we can say First National Bank has _ million dollars in vault cash.19） Suppose that from a new checkable deposit, First National Bank holds two million dollars in vault cash, nine million dollars in excess reserves, and faces a required reserve ratio

17、of ten percent. Given this information, we can say First National Bank has _ million dollars in required reserves.20） Suppose that from a new checkable deposit, First National Bank holds two million dollars in vault cash, nine million dollars in excess reserves, and faces a required reserve ratio of

18、 ten percent. Given this information, we can say First National Bank has _ million dollars on deposit with the Federal Reserve.21） Suppose that from a new checkable deposit, First National Bank holds two million dollars in vault cash, one million dollars in required reserves, and faces a required re

19、serve ratio of ten percent. Given this information, we can say First National Bank has _ million dollars in excess reserves.22） Suppose that from a new checkable deposit, First National Bank holds two million dollars in vault cash, one million dollars in required reserves, and faces a required reser

20、ve ratio of ten percent. Given this information, we can say First National Bank has _ million dollars on deposit with the Federal Reserve.23） Suppose that from a new checkable deposit, First National Bank holds eight million dollars on deposit with the Federal Reserve, nine million dollars in excess

21、 reserves, and faces a required reserve ratio of ten percent. Given this information, we can say First National Bank has _ million dollars in required reserves.24） Suppose that from a new checkable deposit, First National Bank holds eight million dollars on deposit with the Federal Reserve, nine mil

22、lion dollars in excess reserves, and faces a required reserve ratio of ten percent. Given this information, we can say First National Bank has _ million dollars in vault cash.25） The interest rate the Fed charges banks borrowing from the Fed is theA） federal funds rate.B） Treasury bill rate.C） disco

23、unt rate.D） prime rate.26） When banks borrow money from the Federal Reserve, these funds are calledA） federal funds.B） discount loans.C） federal loans.D） Treasury funds.14.3 Control of the Monetary Base 1） The monetary base minus currency in circulation equalsA） reserves.B） the borrowed base.C） the nonborrowed base.D） discount loans.2） The monetary base minus reserves equalsA） currency in circulation.3） High-powered money minus reserves equalsC） the monetary base.D） the nonborrowed base.4） High-powered money minus currency in circulation equals