CIS 175 WEEK 9 QUIZ 8
CIS 175 Week 9 Quiz 8
This quiz consist of 30 multiple choice questions. The first 15
questions cover the material in Chapter 11. The second 15 questions
cover the material in Chapter 12.
1.
How has the
increasing importance of the U.S. service sector contributed to the slowdown in
economic growth?
2.
Which group is
responsible for announcing the dates for each phase of a U.S. business cycle?
3.
Which of the
following focuses primarily on aggregate supply variables?
4.
What do you call
business cycle theories based on the belief that economic activity follows
general trends of optimism and pessimism?
5.
A decline in the
level of economic activity occurs during which phase of the business cycle?
6.
The most
commonly used tool to forecast future changes in economic activity is the
7.
According to
Real Business Cycle Theory, the primary factor that increases aggregate supply
is
8.
In response to
an economic recession, monetary theories of the business cycle predict that the
Federal Reserve would
9. Human capital refers
to
10.
Which of the
following terms is used to describe the purchase of capital?
11.
When economic
output hits a short-run economic low, the economy is in which phase of the
business cycle?
12.
What are the two
primary determinants of economic growth?
13.
Which of the
following lists the four phases of the business cycle in the correct sequence?
14.
For an economy
to expand its investment in the production of capital goods, it must
15.
Saving in an
economy is important for economic growth because
16. Banks make loans from
their
17.
A collateralized
debt obligation (or CDO)
18. A capital gain exists
19.
The quantity
theory of money emphasizes
20. A stock is
21. The money multiplier
is
22. Commercial banks
23.
To reduce
inflationary pressures, the Federal Reserve authorities should
24. A mortgage backed
security is
25. Home equity loans
26. The equation of exchange
is
27.
The interest
rate on an adjustable rate mortgage (ARM) is
28. The basic money supply
is
29. M2 includes
30. A dividend
No comments:
Post a Comment