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Study questions for exam iv in economics 231 at eastern kentucky university, covering chapters on money and banking, the federal reserve system, money and the economy, and monetary policy. Questions include direct questions on components of m1 money, origins of banking, fractional reserve banking, money expansion process, structure and functions of the federal reserve system, role of government securities in open market operations, inverse relationship between bond prices and interest rates, real interest rates, and monetary policy concepts such as the liquidity trap and activist monetary policy.
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Eastern Kentucky University Ruppel Economics 231 Spring 2001 Exam IV Study Questions
A. Direct Questions
Chapter 11 questions (“Money and Banking”):
Chapter 12 questions (“The Federal Reserve System”):
Chapter 13 questions (“Money and the Economy”):
Chapter 14 questions (“Monetary Policy”):