Reference no: EM13218167
1- What happens if you count both final and intermediate goods?
2- What is counted in the expenditure approach ?
3- What is the largest component in the expenditure approach ?
4- What things are included in the government sector ?
5- What is included in investment ?
6- What is the difference between GNP and NNP ?
7- What is GDP ?
8- What is included in the financial accounts in international trade ?
9- A change in foreign reserves shows up in which account ?
10- How do we get the PPI?
11- Be able to interpret a GNP deflator from one year to the next ?
12- How often is GDP data published ?
13- Do current price indexes overstate or understate inflation ?
14- What were wildcat bankers ?
15- How many fed banks are there ?
16- What is fractional reserve banking ?
17- Which part of the fed buys and sells U.S. govt securities ?
18- In what year was the fed founded ?
19- What is the discount rate ?
20- How to banks create money ?
21- How many people are on the board of governors ?
22- What are open market operations ?
23- If the fed buys a security what happens to the money supply ?
24- What is meant by fiat money ?
25- Define fiscal policy ?
26- What defines a bank ?
27- What do we mean by the term fed ?
28- Define checking deposits ?
29- Define originate to hold banking ?
30- Define credit risk ?
31- Define market risk ?
32- Define liquidity risk ?
33- Define originate to distribute ?
34- Define securitization ?
35- What is fannie mae ?
36- What is a credit default swap?
37- What are subprime loans ?
38- Who is the lender of last resort for banks?
39 Define TARP?
40 How did the financial crisis of 2008 happen ?
41 Define saving account ?
42 What is the equation of exchange ?
43 If the money supply rises , what must happen to GNP under the equation of exchange ?
44 What is the most important form of money in the U.S. ?
45 What is the most important instrument of monetary policy?
46 Define federal funds rate ?
47 What causes increases in bank reserves ?
48 What is the least used instrument of monetary policy ?
49 What is the newest instrument of monetary policy ?
50 What are the basic functions of money ?