9/15/25, 2:12 PM Exam #1: Attempt review | LSU Moodle 4.5
Home / My Courses / 2025 Fall 1 BADM 7200E for Faik Koray (Online) / Exam #1
Exam #1
Status Finished
Started Saturday, September 13, 2025, 10:00 AM
Completed Saturday, September 13, 2025, 11:30 AM
Duration 1 hour 30 mins
Points 31.00/40.00
Grade 77.50 out of 100.00
Question 1
Incorrect 0.00 points out of 1.00
If the GDP deflator in 2009 equals 1.25 and nominal GDP in 2009 equals _____ trillion, then the value of real
GDP in 2009 equals $12.5 trillion.
Select one:
A. $12
B. $12.5
C. $15
D. $18.75
E. $15.625
The correct answer is:
$15.625
Question 2
Correct 1.00 points out of 1.00
The quantitative easing policy conducted by the Federal Reserve between 2007 and 2011 resulted in a
large increase in the monetary base that was partially offset by _____.
Select one:
A. a significant increase in the reserve–deposit ratio
B. a significant decrease in the reserve–deposit ratio
C. open-market purchases
D. open-market sales
The correct answer is: a significant increase in the reserve–deposit ratio
https://moodle.lsu.edu/mod/quiz/review.php?attempt=8840601&cmid=3135121 1/19
,9/15/25, 2:12 PM Exam #1: Attempt review | LSU Moodle 4.5
Question 3
Correct 1.00 points out of 1.00
When the Fed increases the required reserve ratio, it will _____, everything else held constant.
Select one:
A. increase the monetary base
B. decrease the monetary base
C. increase the money multiplier
D. decrease the money multiplier
The correct answer is: decrease the money multiplier
Question 4
Incorrect 0.00 points out of 1.00
Suppose the announced inflation rates are as follows for the selected countries: the United States = 5%;
Canada = 3%; and Mexico = 4%. Everything else held constant, we would expect the nominal value of the
United States dollar to ____ against the Canadian dollar and _____ against the Mexican peso.
Select one:
A. appreciate; appreciate
B. appreciate; depreciate
C. depreciate; depreciate
D. depreciate; appreciate
The correct answer is: depreciate; depreciate
Question 5
Correct 1.00 points out of 1.00
To reduce the money supply, the Federal Reserve can _____, everything else held constant.
Select one:
A. conduct an open market purchase of government bonds
B. increase the level of the discount rate
C. reduce the level of the reserve requirements
D. reduce the interest paid on reserves held by banks.
The correct answer is: increase the level of the discount rate
https://moodle.lsu.edu/mod/quiz/review.php?attempt=8840601&cmid=3135121 2/19
, 9/15/25, 2:12 PM Exam #1: Attempt review | LSU Moodle 4.5
Question 6
Correct 1.00 points out of 1.00
Historically in the United States, the workers who are unemployed have been unemployed for _____ weeks
account for the most weeks of unemployment.
a. less than 5
b. 5 to 14
c. 15 to 26
d. 27 or more
The correct answer is:
27 or more
Question 7
Correct 1.00 points out of 1.00
If increased immigration raises the labor force, the neoclassical theory of distribution predicts that the real
wage rate will _____ and the real rental price will _____.
Select one:
A. increase; decrease
B. decrease; decrease
C. increase; increase
D. decrease; increase
The correct answer is: decrease; increase
https://moodle.lsu.edu/mod/quiz/review.php?attempt=8840601&cmid=3135121 3/19
Home / My Courses / 2025 Fall 1 BADM 7200E for Faik Koray (Online) / Exam #1
Exam #1
Status Finished
Started Saturday, September 13, 2025, 10:00 AM
Completed Saturday, September 13, 2025, 11:30 AM
Duration 1 hour 30 mins
Points 31.00/40.00
Grade 77.50 out of 100.00
Question 1
Incorrect 0.00 points out of 1.00
If the GDP deflator in 2009 equals 1.25 and nominal GDP in 2009 equals _____ trillion, then the value of real
GDP in 2009 equals $12.5 trillion.
Select one:
A. $12
B. $12.5
C. $15
D. $18.75
E. $15.625
The correct answer is:
$15.625
Question 2
Correct 1.00 points out of 1.00
The quantitative easing policy conducted by the Federal Reserve between 2007 and 2011 resulted in a
large increase in the monetary base that was partially offset by _____.
Select one:
A. a significant increase in the reserve–deposit ratio
B. a significant decrease in the reserve–deposit ratio
C. open-market purchases
D. open-market sales
The correct answer is: a significant increase in the reserve–deposit ratio
https://moodle.lsu.edu/mod/quiz/review.php?attempt=8840601&cmid=3135121 1/19
,9/15/25, 2:12 PM Exam #1: Attempt review | LSU Moodle 4.5
Question 3
Correct 1.00 points out of 1.00
When the Fed increases the required reserve ratio, it will _____, everything else held constant.
Select one:
A. increase the monetary base
B. decrease the monetary base
C. increase the money multiplier
D. decrease the money multiplier
The correct answer is: decrease the money multiplier
Question 4
Incorrect 0.00 points out of 1.00
Suppose the announced inflation rates are as follows for the selected countries: the United States = 5%;
Canada = 3%; and Mexico = 4%. Everything else held constant, we would expect the nominal value of the
United States dollar to ____ against the Canadian dollar and _____ against the Mexican peso.
Select one:
A. appreciate; appreciate
B. appreciate; depreciate
C. depreciate; depreciate
D. depreciate; appreciate
The correct answer is: depreciate; depreciate
Question 5
Correct 1.00 points out of 1.00
To reduce the money supply, the Federal Reserve can _____, everything else held constant.
Select one:
A. conduct an open market purchase of government bonds
B. increase the level of the discount rate
C. reduce the level of the reserve requirements
D. reduce the interest paid on reserves held by banks.
The correct answer is: increase the level of the discount rate
https://moodle.lsu.edu/mod/quiz/review.php?attempt=8840601&cmid=3135121 2/19
, 9/15/25, 2:12 PM Exam #1: Attempt review | LSU Moodle 4.5
Question 6
Correct 1.00 points out of 1.00
Historically in the United States, the workers who are unemployed have been unemployed for _____ weeks
account for the most weeks of unemployment.
a. less than 5
b. 5 to 14
c. 15 to 26
d. 27 or more
The correct answer is:
27 or more
Question 7
Correct 1.00 points out of 1.00
If increased immigration raises the labor force, the neoclassical theory of distribution predicts that the real
wage rate will _____ and the real rental price will _____.
Select one:
A. increase; decrease
B. decrease; decrease
C. increase; increase
D. decrease; increase
The correct answer is: decrease; increase
https://moodle.lsu.edu/mod/quiz/review.php?attempt=8840601&cmid=3135121 3/19
