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ECON 200 UOFA FINAL EXAM VERSION 1 LATEST 2025 ACTUAL
EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
1. If traveler's checks were $1000 higher and saving deposits
were $500 higher, M1 would be
a. $500 higher and M2 would be $1,500 higher.
b. $1,000 higher and M2 would be $1,500 higher.
c. M2 and M1 would be $1,500 higher.
d. $1,000 high and M2 would be $500 higher. - ANSWER-B
2. John and Jane decide to go on a vacation. As a result, they
withdraw $2,500 from their savings account to purchase$2,500
worth of traveler's checks. As a result of these changes,
a. M1 increases by $2,500 and M2 decreases by $2,500.
b. M1 increases by $2,500 and M2 stays the same.
c. M1 and M2 stay the same.
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d. M1 decreases by $2,500 and M2 increases by $2,500. -
ANSWER-B
3. An open-market purchase
a. increases the number of dollars and the number of bonds in the
hands of the public.
b. increases the number of dollars in the hands of the public and
decreases the number of bonds in the hands of the public.
c. decreases the number of dollars and the number of bonds in
the hands of the public.
d. decreases the number of dollars in the hands of the public and
increases the number of bonds in the hands of the public. -
ANSWER-B
4. An open-market sale
a. increases the number of dollars and the number of bonds in the
hands of the public.
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b. increases the number of dollars in the hands of the public and
decreases the number of bonds in the hands of the public.
c. decreases the number of dollars and the number of bonds in
the hands of the public.
d. decreases the number of dollars in the hands of the public and
increases the number of bonds in the hands of the public. -
ANSWER-D
5. A bank's reserve ratio is 10 percent and the bank has $5,000 in
deposits. Its reserves amount to
a. $50.
b. $500.
c. $4,500.
d. $4,950. - ANSWER-B
6. A bank's reserve ratio is 5 percent and the bank has $2,280 in
reserve. Its deposits amount to
a. $114.
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b. $2,166.
c. $2,400.
d. $45,600. - ANSWER-D
7. If a bank that desires to hold no excess reserves and has just
enough reserves to meet the required reserve ratio of15 percent
receives a deposit of $600, it has a
a. $600 increase in excess reserves and no increase in required
reserves.
b. $600 increase in required reserves and no increase in excess
reserves.
c. $510 increase in excess reserves and a $90 increase in
required reserves.
d. $90 increase in excess reserves and a $510 increase in
required reserves.36. - ANSWER-C
8. When the Fed buys government bonds
ECON 200 UOFA FINAL EXAM VERSION 1 LATEST 2025 ACTUAL
EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
1. If traveler's checks were $1000 higher and saving deposits
were $500 higher, M1 would be
a. $500 higher and M2 would be $1,500 higher.
b. $1,000 higher and M2 would be $1,500 higher.
c. M2 and M1 would be $1,500 higher.
d. $1,000 high and M2 would be $500 higher. - ANSWER-B
2. John and Jane decide to go on a vacation. As a result, they
withdraw $2,500 from their savings account to purchase$2,500
worth of traveler's checks. As a result of these changes,
a. M1 increases by $2,500 and M2 decreases by $2,500.
b. M1 increases by $2,500 and M2 stays the same.
c. M1 and M2 stay the same.
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d. M1 decreases by $2,500 and M2 increases by $2,500. -
ANSWER-B
3. An open-market purchase
a. increases the number of dollars and the number of bonds in the
hands of the public.
b. increases the number of dollars in the hands of the public and
decreases the number of bonds in the hands of the public.
c. decreases the number of dollars and the number of bonds in
the hands of the public.
d. decreases the number of dollars in the hands of the public and
increases the number of bonds in the hands of the public. -
ANSWER-B
4. An open-market sale
a. increases the number of dollars and the number of bonds in the
hands of the public.
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b. increases the number of dollars in the hands of the public and
decreases the number of bonds in the hands of the public.
c. decreases the number of dollars and the number of bonds in
the hands of the public.
d. decreases the number of dollars in the hands of the public and
increases the number of bonds in the hands of the public. -
ANSWER-D
5. A bank's reserve ratio is 10 percent and the bank has $5,000 in
deposits. Its reserves amount to
a. $50.
b. $500.
c. $4,500.
d. $4,950. - ANSWER-B
6. A bank's reserve ratio is 5 percent and the bank has $2,280 in
reserve. Its deposits amount to
a. $114.
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b. $2,166.
c. $2,400.
d. $45,600. - ANSWER-D
7. If a bank that desires to hold no excess reserves and has just
enough reserves to meet the required reserve ratio of15 percent
receives a deposit of $600, it has a
a. $600 increase in excess reserves and no increase in required
reserves.
b. $600 increase in required reserves and no increase in excess
reserves.
c. $510 increase in excess reserves and a $90 increase in
required reserves.
d. $90 increase in excess reserves and a $510 increase in
required reserves.36. - ANSWER-C
8. When the Fed buys government bonds
