ch18questions_学生版.pptVIP

Click on the button to go to the Question Click on the button to go to the problem ? 2011 Pearson Education Money and the Monetary System 18 CLICKER QUESTIONS CHECKPOINT 18.1 currency currency plus checking deposits currency plus credit cards anything accepted as a means of payment anything used as a store of value Question 1 Which of the following best defines what money is now and what it has been in the past? CHECKPOINT 18.1 $7,310 $5,800 $2,510 $1,510 $710 Question 2 Individuals and firms hold $800 billion in currency, $10 billion in traveler’s checks, and $700 billion in checkable deposits; savings deposits are $4,000 billion; small time deposits are $1,000 billion; and money market funds and other deposits are $800 billion, then M1 equals ____ billion. CHECKPOINT 18.1 always counted as money not money sometimes counted as money, depending on how they are used sometimes counted as money, depending on what is purchased sometimes counted as money, depending on what measure of money is being used Question 3 Credit cards, debit cards, and e-checks are ________. CHECKPOINT 18.2 the safe U.S. government bonds that it owns the provision of funds to businesses and individuals the currency in its vault plus the balance on its reserve account at a Federal Reserve Bank the savings and time deposits that it holds the loans it has made Question 4 A commercial bank’s reserves are _____. CHECKPOINT 18.2 liquid assets, loans, securities, and reserves reserves, savings deposits, securities, and loans reserves, securities, liquid assets, and savings deposits securities, reserves, checkable deposits, and liquid assets reserves, checkable deposits, securities, and loans Question 5 Banks’ assets include _______. CHECKPOINT 18.3 $765 billion $773 billion $776 billion $744 billion $1,509 billion Question 6 If Federal Reserve notes and coins are $765 billion, and banks’ reserves at the Fed are $8 billion, banks’ liquid assets are $11 billion, and the Fed owns $725 billion