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ECON 200 UOFA Final Exam Version 1 Newest
2025/2026 Complete 100 Questions And 100%Correct
Answers (Verified And Graded A+||Brand New!)
29. 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
30. John and Jane decide to go on a vacation. As a result,
they withdraw $2,500 from their savings account to
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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.
d. M1 decreases by $2,500 and M2 increases by $2,500. -
ANSWER-B
1. An open-market purchase
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-B
32. 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
33. A bank's reserve ratio is 10 percent and the bank has
$5,000 in deposits. Its reserves amount to
a. $50.
b. $500.
ECON 200 UOFA Final Exam Version 1 Newest
2025/2026 Complete 100 Questions And 100%Correct
Answers (Verified And Graded A+||Brand New!)
29. 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
30. John and Jane decide to go on a vacation. As a result,
they withdraw $2,500 from their savings account to
,2|Page
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.
d. M1 decreases by $2,500 and M2 increases by $2,500. -
ANSWER-B
1. An open-market purchase
a. increases the number of dollars and the number of
bonds in the hands of the public.
,3|Page
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
32. An open-market sale
a. increases the number of dollars and the number of
bonds in the hands of the public.
, 4|Page
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
33. A bank's reserve ratio is 10 percent and the bank has
$5,000 in deposits. Its reserves amount to
a. $50.
b. $500.