Question 1

The Federal Funds Rate is ________.

Accepted Answer

A) the rate charged on overnight loans between banks 
B) the rate charged on corporate bank loans to healthy "prime" borrowers 
C) the rate charged on U.S.Treasury bonds by the Federal Reserve 
D) the rate charged on U.S securities with maturities of less than a year 
E) none of the above 
A) the rate charged on overnight loans between banks 
B) the rate charged on corporate bank loans to healthy "prime" borrowers 
C) the rate charged on U.S.Treasury bonds by the Federal Reserve 
D) the rate charged on U.S securities with maturities of less than a year 
E) none of the above

Question 2

Which of these represents an example of citizens who would not typically be counted as unemployed?

Accepted Answer

A) when your economics professor loses his job and gets a new one at McDonald's 
B) when your fourteen-year-old cousin loses her summer job in September 
C) when your neighbor has been out of work for so long that he decides to stay at home and write a novel 
D) all of the above 
E) none of the above 
A) when your economics professor loses his job and gets a new one at McDonald's 
B) when your fourteen-year-old cousin loses her summer job in September 
C) when your neighbor has been out of work for so long that he decides to stay at home and write a novel 
D) all of the above 
E) none of the above

Question 3

Net national product + ________ = ________.

Accepted Answer

A) net interest;gross domestic product 
B) depreciation;gross national product 
C) depreciation;private disposable income 
D) private disposable income;gross national product 
E) none of the above 
A) net interest;gross domestic product 
B) depreciation;gross national product 
C) depreciation;private disposable income 
D) private disposable income;gross national product 
E) none of the above

Question 4

Who helps calculate GDP in the United States?

Accepted Answer

A) the Bureau of Economic Analysis 
B) the Census Bureau 
C) the Bureau of Labor Statistics 
D) all of the above 
E) none of the above 
A) the Bureau of Economic Analysis 
B) the Census Bureau 
C) the Bureau of Labor Statistics 
D) all of the above 
E) none of the above

Question 5

Figure 2.5 Unemployment in the adult civilian population,2013  
-According to Figure 2.5,the United States civilian unemployment rate in June 2013 was ________.

Accepted Answer

A) 5.0% 
B) 22.1% 
C) 7.8% 
D) 8.5% 
E) none of the above 
A) 5.0% 
B) 22.1% 
C) 7.8% 
D) 8.5% 
E) none of the above

The Federal Funds Rate is ________.

Which of these represents an example of citizens who would not typically be counted as unemployed?

Net national product + = .

Who helps calculate GDP in the United States?

Figure 2.5 Unemployment in the adult civilian population,2013 -According to Figure 2.5,the United States civilian unemployment rate in June 2013 was ________.

The Policy and Practice of Macroeconomics

Aggregate Production and Productivity

Saving and Investment in Closed and Open Economies

Money and Inflation

The Sources of Growth and the Solow Model

Drivers of Growth: Technology, policy, and Institutions

Business Cycles: an Introduction

The Is Curve

Monetary Policy and Aggregate Demand

Aggregate Supply and the Phillips Curve

The Aggregate Demand and Supply Model

Macroeconomic Policy and Aggregate Demand and Supply Analysis

The Financial System and Economic Growth

Financial Crises and the Economy

Fiscal Policy and the Government Budget

Exchange Rates and International Economic Policy

Consumption and Saving

Investment

The Labor Market, employment, and Unemployment

The Role of Expectations in Macroeconomic Policy

Modern Business Cycle Theory

Filters

Exam 2: Measuring Macroeconomic Data

The Federal Funds Rate is ________.

Which of these represents an example of citizens who would not typically be counted as unemployed?

Net national product + ________ = ________.

Who helps calculate GDP in the United States?

Figure 2.5 Unemployment in the adult civilian population,2013 -According to Figure 2.5,the United States civilian unemployment rate in June 2013 was ________.

The Policy and Practice of Macroeconomics

Aggregate Production and Productivity

Saving and Investment in Closed and Open Economies

Money and Inflation

The Sources of Growth and the Solow Model

Drivers of Growth: Technology, policy, and Institutions

Business Cycles: an Introduction

The Is Curve

Monetary Policy and Aggregate Demand

Aggregate Supply and the Phillips Curve

The Aggregate Demand and Supply Model

Macroeconomic Policy and Aggregate Demand and Supply Analysis

The Financial System and Economic Growth

Financial Crises and the Economy

Fiscal Policy and the Government Budget

Exchange Rates and International Economic Policy

Consumption and Saving

Investment

The Labor Market, employment, and Unemployment

The Role of Expectations in Macroeconomic Policy

Modern Business Cycle Theory

Filters

Net national product + = .