future什么意思米什金 货币金融学 英文版习题答案chapter 15英文习题

2021年1月26日发(作者：拼搏的英文)

Economics of Money, Banking, and Financial Markets, 11e, Global Edition
(Mishkin)
Chapter 15 The Money Supply Process


15.1


Three Players in the Money Supply Process

1) The government agency that oversees the banking system and is responsible for the conduct of
monetary policy in the United States is
A) the Federal Reserve System.
B) the United States Treasury.
C) the U.S. Gold Commission.
D) the House of Representatives.
Answer:

A
AACSB:

Reflective Thinking

2) Individuals that lend funds to a bank by opening a checking account are called
A) policyholders.
B) partners.
C) depositors.
D) debt holders.
Answer:

C
AACSB:

Reflective Thinking

3) The three players in the money supply process include
A) banks, depositors, and the U.S. Treasury.
B) banks, depositors, and borrowers.
C) banks, depositors, and the central bank.
D) banks, borrowers, and the central bank.
Answer:

C
AACSB:

Reflective Thinking

4) Of the three players in the money supply process, most observers agree that the most
important player is
A) the United States Treasury.
B) the Federal Reserve System.
C) the FDIC.
D) the Office of Thrift Supervision.
Answer:

B
AACSB:

Reflective Thinking

15.2


The Fed's Balance Sheet


1) Both ________ and ________ are Federal Reserve assets.
A) currency in circulation; reserves
B) currency in circulation; securities
C) securities; loans to financial institutions
D) securities; reserves
Answer:

C
AACSB:

Reflective Thinking

2) The monetary liabilities of the Federal Reserve include
A) securities and loans to financial institutions.
B) currency in circulation and reserves.
C) securities and reserves.
D) currency in circulation and loans to financial institutions.
Answer:

B
AACSB:

Reflective Thinking

3) Both ________ and ________ are monetary liabilities of the Fed.
A) securities; loans to financial institutions
B) currency in circulation; reserves
C) securities; reserves
D) currency in circulation; loans to financial institutions
Answer:

B
AACSB:

Reflective Thinking

4) The sum of the Fed's monetary liabilities and the U.S. Treasury's monetary liabilities is called
A) the money supply.
B) currency in circulation.
C) bank reserves.
D) the monetary base.
Answer:

D
AACSB:

Reflective Thinking

5) The monetary base consists of
A) currency in circulation and Federal Reserve notes.
B) currency in circulation and the U.S. Treasury's monetary liabilities.
C) currency in circulation and reserves.
D) reserves and Federal Reserve Notes.
Answer:

C
AACSB:

Reflective Thinking