4 points
In fractional reserve banking system
banks have to maintain the whole deposit as reserve.
banks have to maintain 50%of the deposits as reserve.
banks have to maintain a percentage of deposit as reserve.
banks do not need to maintain any deposits as reserve.
Sunshine Community Bank
Assets
Liabilities
Refer to Table. Sunshine Community Bank has maintains4% of their deposits as an excess reserve. What will be money multiplier in this scenario?
10
16.67
25
20
In 100%reserve banking system
banks are able to create some money.
banks are unable to create any money.
banks gives all the money as loan to others.
banks gives each other loans.
Suppose that Palm Beach Bankcurrently has $200,000 in demand deposits and $130,000 in outstanding loans. The Federal Reserve has set the reserve requirement at 10%. What is this bank's required reserve?
$20,000.
$33,000.
$13,000.
$7,000.
Table. Bank of Pleasantville
Refer to Table.If the bank above do not maintain any excess reserve then the reserve ratio would be
17.5 percent.
8 percent.
92 percent.
100 percent.
Dollar bills and coins are called as
Fiat money.
Commodity money.
Mettalic money.
Paper money.
would include onlysomeone who works in their family businesswith pay whether full time or part time.
can includesomeone who works in their family businesswith orwithout pay and isfull time or part time.
would include only someone who works in their family businesswith pay and is full time.
can include only someone who works in their family businesswith orwithout pay and is full time.
You are given the following data of a labor market for an imaginary economy?
Assume that the government of this economy imposed a minimum wage of $10. As a result
9,000 people will be employed.
8,000 people will be employed.
2,000 people will be unemployed.
zero people will be unemployed.
Amber is structurally unemployed, and Alex is frictionally unemployed.
Amber and Alex are both frictionally unemployed.
Amber and Alex are both structurally unemployed.
Amber is frictionally unemployed, and Alex is structurally unemployed.
neither unemployed nor in the labor force.
not in the labor force but unemployed.
in the labor force but unemployed.
not unemployed but in the labor force.
neither frictional nor structural unemployment.
structural but not frictional unemployment.
both frictional and structural unemployment.
frictional but not structural unemployment.
TableLabor Data for an imaginary economy
The Labor Force Participation Ratefor this economy in 2012 was53.3%.
The Labor Force Participation Ratefor this economy in2012was56.25%.
The Labor Force Participation Rate for this economy in 2012 was50%.
The Labor Force Participation Ratefor this economy in2012was88.9%.
23.52 million
35 million
33.95 million
1.05 million
In an economy, the natural rate of unemployment is 2% but the actual unemployment rate is 5%. Based on this information, which statements seem to be accurate?
The difference between the two rates is called structural unemployment.
The difference between the two rates is called cyclical unemployment.
The difference between the two is called structural unemployment.
The difference between the two is called minimal unemployment.
Ryan just finished his bachelor's degree in computer science and is looking for a job in a tech company. In school, he was a full-time student and did not work. How is Ryan entering the labor market will affect the unemployment rate for the economy?
The unemployment rate of the economy will decrease.
The unemployment rate of the economy will increase.
The labor force participation rate of the economy will decrease.
The labor force participation rate of the economy will stay the same as before.
contribute to structural unemployment, but not the natural rate of unemployment.
contribute to the natural rate of unemployment, but not structural unemployment.
contribute toneither structural unemployment nor the natural rate of unemployment.
contribute to both structural unemployment and the natural rate of unemployment.
are counted in unemployed category and this will decrease the unemployment rate.
are not included in the labor force therefore,will reflect a lower unemployment rate compared to the situation when they are included in labor force.
are not included in the labor force therefore,willreflecta higher unemployment rate compared to the situation when they are included in labor force.
are counted in unemployed category and this will increase the unemployment rate.
Eric who previously worked in his family business without pay has now started his own sole proprietorship business. Eric will be counted in
employed category in both cases.
unemployed category before but employed category afterward.
employed category before but unemployed category afterward.
unemployed category in both cases.
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