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MoneyMoneyMoney Mark E. Damon - All Rights Reserved3Fiscal Policy Mark E. Damon - All Rights Reserved4MonetaryPolicy Mark E. Damon - All Rights Reserved5The FED Mark E. Damon - All Rights Reserved6Econ 101 Mark E. Damon - All Rights Reserved7$200Accepted by all parties as payment for goods and services Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved12$200Fiscal policy can do what two things? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved22$200The value or formula for the money multiplier is ? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved32$200Important function of the ___ is to provide facilities to collect and clear checks. Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved42$200Unemployment compensation and an automatic increase in income tax are considered Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved52$300Must be easily transferred or ? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved14$300

Act that committed itself to accept some responsibility for the general level of employment and prices. Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved24$300The greater the legal reserve ratio, the __ the money multiplier. Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved34$300Savings & Loans and credit unions are considered ? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved44$300The paper money used in the US is a ____ Note. Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved54$400Allows purchasing power to be saved until needed Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved16$400If the FED buys bonds, what will happen to the money supply? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved36$400Body that sets the discount rate Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved46$400Savings accounts are included in Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved56$500Money must be able to be broken down into smaller units or must be? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved18$500An appropriate fiscal action for a severe recession is ? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved28$500What type of monetary policy lowers the interest rate? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved38$500The voting members of the FOMC always includes the BoG and the president of what federal reserve bank ? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved48$500Assume we are in a recession. What should Congress do AND what should the FED do? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved58ElmoCookieMonsterBigBirdRound 1Round 2FinalJeopardyJeopardy!

Mark E. Damon - All Rights Reserved8$500ScoresWhat is a decrease in tax OR an increase in spending OR expansionary policy? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved29$100ScoresWhat is the FED or FOMC? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved31$200ScoresWhat is 1 / rr? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved33$300ScoresWhat is lower the money multiplier? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved35$400ScoresWhat is increase? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved37$500ScoresWhat is easy money policy? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved39$100ScoresWhat is 7? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved41$200ScoresWhat is Federal Reserve Bank? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved43$300ScoresWhat is a thrift or thrift institution? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved45$400ScoresWhat is the FOMC (Federal Open Market Committee)? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved47$500ScoresWhat is the New York Fed Bank President? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved49$100ScoresWhat is the Fed Funds Rate? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved51$200ScoresWhat is built in stabilizers OR automatic fiscal policy? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved53$300ScoresWhat is Federal Reserve Note? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved55$400ScoresWhat is M2? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved57$500ScoresWhat is decrease taxes or increase spending AND buy bonds, lower interest rates or the reserve requirement? Mark E. Damon - All Rights Reserved Mark E. Damon - All Rights Reserved59