Monetary Policy and its Impacts Quiz

Explore monetary economics with this quiz. Test your understanding of tools, goals, and effects of monetary policy in less than 160 characters.

#1

Which of the following is a tool of monetary policy?

Fiscal policy
Interest rates
Taxation
Government spending
#2

What is the primary goal of expansionary monetary policy?

To decrease money supply
To decrease inflation
To increase unemployment
To stimulate economic growth
#3

Which of the following is not a tool of monetary policy?

Open market operations
Reserve requirements
Government spending
Discount rate
#4

What is the term for the total amount of money in circulation within an economy?

Gross domestic product
Money supply
Inflation rate
Budget deficit
#5

What is the term for the process by which the central bank controls the money supply?

Inflation targeting
Money printing
Monetary policy
Interest rate manipulation
#6

Which of the following is not a transmission mechanism of monetary policy?

Interest rates
Exchange rates
Stock prices
Government spending
#7

Which entity typically conducts monetary policy in most countries?

The President
The Federal Reserve
The Treasury Department
The World Bank
#8

What is the term for the interest rate at which a central bank lends money to commercial banks?

Deposit rate
Prime rate
Federal funds rate
Discount rate
#9

What is the term for the purchase and sale of government securities by the central bank?

Open market operations
Bond market manipulation
Asset restructuring
Stock market intervention
#10

What is the term for the rate at which commercial banks can borrow reserves from the central bank?

Prime rate
Discount rate
Federal funds rate
Benchmark rate
#11

What is the term for the rate at which banks lend money to each other overnight?

Prime rate
Federal funds rate
Discount rate
Libor rate
#12

Which of the following is an example of contractionary monetary policy?

Decreasing interest rates
Buying government securities
Reducing reserve requirements
Raising interest rates
#13

Which of the following is a possible consequence of tight monetary policy?

Decreased unemployment
Increased borrowing
Lower inflation
Reduced consumer spending
#14

Which of the following is an effect of expansionary monetary policy?

Increased interest rates
Reduced money supply
Stimulated economic growth
Higher unemployment
#15

What does the term 'Quantitative Easing' refer to in monetary policy?

Reducing interest rates
Buying long-term securities to increase money supply
Increasing reserve requirements
Lowering inflation targets
#16

Which of the following is a consequence of loose monetary policy?

Decreased inflation
Increased borrowing costs
Stimulated economic activity
Reduced money supply
#17

Which of the following is true about the Phillips curve in relation to monetary policy?

It shows a positive relationship between inflation and unemployment.
It suggests that inflation and unemployment are unrelated.
It indicates a negative relationship between inflation and unemployment.
It demonstrates a direct relationship between interest rates and inflation.
#18

Which of the following is a characteristic of a hawkish monetary policy stance?

Lowering interest rates
Encouraging borrowing
Reducing money supply growth
Stimulating economic expansion

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