6/7/25, 1:16 AM BNAD 301 final exam (2025) comprehensive questions and verified detailed solutions (MULTIPLE CHOICES) |complete solutions |A…
Social Science Economics
BNAD 301 final exam (2025) comprehensive questions and verified detailed
solutions (MULTIPLE CHOICES)
|complete solutions |A+ GRADED |100% CORRECT!!
The current Fed chair is: D
(A) Bernanke
(B) Greenspan
(C) Mnuchin
(D) Powell
(E) Volc
ker
(AB)
Yellen
If the nominal interest rate is C
5%, and the inflation rate is
2%, then the real rate of
intere
st is:
(A) -3%. (D) 5%.
(B) 2%. (E) 7%.
(C) 3%. (AB) 10%
1/26
,6/7/25, 1:16 AM BNAD 301 final exam (2025) comprehensive questions and verified detailed solutions (MULTIPLE CHOICES) |complete solutions |A…
Who receives the excess B
profits that the Federal
Reserve Bank earns from
printing money?
(A) The Fed chair.
(B) The U.S. Treasury.
(C) The Social Security Trust
Fund.
(D) The private banks who
choose to be members of
the Federal Reserve
system.
(E) No one; the Federal
Reserve Bank rarely earns a
net profit.
(AB) No one; statute
requires that any profits be
spent to increase the gold
reserves of the U.S.
government.
The Fed chair during the A
Great Recession was:
(A) Bernanke
(B) Greenspan
(C) Mnuchin
(D) Powell
(E) Volc
ker
(AB)
Yellen
What is the Federal B
Reserve's current inflation
target?
(A) 1%. (D) 4%.
(B) 2%. (E) 5%.
(C) 3%. (AB) 6%
2/26
, 6/7/25, 1:16 AM BNAD 301 final exam (2025) comprehensive questions and verified detailed solutions (MULTIPLE CHOICES) |complete solutions |A…
Members of the Federal E
Reserve Board of Governors
are appointed for terms of
_____ years.
(A) Two.
(B) Four.
(C) Six.
(D) Ten.
(E) Fourteen.
(AB) unlimited; they are
lifetime appointments.
The Federal Reserve's C
usual monetary policy
______ the fluctuations
in
unemployment and
_ _ the fluctuations in interest
rates.
(A) increases; increases.
(B) increases; decreases.
(C) decreases; increases.
(D) decreases; decreases.
3/26
Social Science Economics
BNAD 301 final exam (2025) comprehensive questions and verified detailed
solutions (MULTIPLE CHOICES)
|complete solutions |A+ GRADED |100% CORRECT!!
The current Fed chair is: D
(A) Bernanke
(B) Greenspan
(C) Mnuchin
(D) Powell
(E) Volc
ker
(AB)
Yellen
If the nominal interest rate is C
5%, and the inflation rate is
2%, then the real rate of
intere
st is:
(A) -3%. (D) 5%.
(B) 2%. (E) 7%.
(C) 3%. (AB) 10%
1/26
,6/7/25, 1:16 AM BNAD 301 final exam (2025) comprehensive questions and verified detailed solutions (MULTIPLE CHOICES) |complete solutions |A…
Who receives the excess B
profits that the Federal
Reserve Bank earns from
printing money?
(A) The Fed chair.
(B) The U.S. Treasury.
(C) The Social Security Trust
Fund.
(D) The private banks who
choose to be members of
the Federal Reserve
system.
(E) No one; the Federal
Reserve Bank rarely earns a
net profit.
(AB) No one; statute
requires that any profits be
spent to increase the gold
reserves of the U.S.
government.
The Fed chair during the A
Great Recession was:
(A) Bernanke
(B) Greenspan
(C) Mnuchin
(D) Powell
(E) Volc
ker
(AB)
Yellen
What is the Federal B
Reserve's current inflation
target?
(A) 1%. (D) 4%.
(B) 2%. (E) 5%.
(C) 3%. (AB) 6%
2/26
, 6/7/25, 1:16 AM BNAD 301 final exam (2025) comprehensive questions and verified detailed solutions (MULTIPLE CHOICES) |complete solutions |A…
Members of the Federal E
Reserve Board of Governors
are appointed for terms of
_____ years.
(A) Two.
(B) Four.
(C) Six.
(D) Ten.
(E) Fourteen.
(AB) unlimited; they are
lifetime appointments.
The Federal Reserve's C
usual monetary policy
______ the fluctuations
in
unemployment and
_ _ the fluctuations in interest
rates.
(A) increases; increases.
(B) increases; decreases.
(C) decreases; increases.
(D) decreases; decreases.
3/26
