100% de satisfacción garantizada Inmediatamente disponible después del pago Tanto en línea como en PDF No estas atado a nada
logo-home
Buscado previamente por ti
Buscado previamente por ti
logo
UC Berkeley Econ 100B UGBA 101B Final Exam Question and answers already passed 2023/2024 $17.99   Añadir al carrito
Navegar rápidamente a
Vista previa
  2.  
  3. UGBA
  4.  
  5. UGBA

Examen

UC Berkeley Econ 100B UGBA 101B Final Exam Question and answers already passed 2023/2024
 11 vistas  1 veces vendidas
  • Grado
  • UGBA
  • Institución
  • UGBA

UC Berkeley Econ 100B UGBA 101B Final Exam Question and answers already passed 2023/2024Rising inflation has no additional effect on an economy's well-being if: - correct answer Relative prices are unaffected, It is universally and accurately anticipated, The nominal rate of interest for both saver...

[Mostrar más]

Vista previa 2 fuera de 8  páginas

Información del documento

  • 24 de enero de 2024
  • 8
  • 2023/2024
  • Examen
  • Preguntas y respuestas

Temas

  • uc berkeley econ 100b ugba 101b final exam
  • uc berkeley econ 100b ugba 101b final exam questio

Escuela, estudio y materia

  • UGBA
  • UGBA

Vendedor

avatar-seller
Academia199

Comentarios recibidos

Vista previa del contenido

UC Berkeley Econ 100B/UGBA 101B
Final Exam

Rising inflation has no additional effect on an economy's well-being if: - correct answer Relative prices
are unaffected, It is universally and accurately anticipated, The nominal rate of interest for both savers
and borrowers rises by an amount just equal to the rate of inflation.



Unanticipated increases in inflation will hurt ________ and help ________. - correct answer pensioners;
borrowers



"Shoe-leather costs" refer to: - correct answer The inconvenience imposed by higher interest rates.



The classic loser from an unanticipated increase in inflation is: - correct answer The saver who earns less
real interest than expected.



Real income is redistributed from ________ in the case of an ________ increase in inflation. - correct
answer creditors to debtors, unanticipated



Real income is redistributed from ________ in the case of ________ deflation. - correct answer debtors
to creditors, unanticipated



Which of the following would NOT reduce the natural rate of unemployment? - correct answer A tax cut,
Imposing wage or price controls, An increase in government expenditures.



Many extended periods of high actual unemployment above the natural rate have been the result of: -
correct answer Deliberate government anti-inflationary policy.



"Disgruntled" workers who quit their jobs to find "a more reasonable boss" are experiencing: - correct
answer Frictional unemployment

, The elimination of hourly rate assembly line jobs for unskilled workers by robots is an example of: -
correct answer Mismatch unemployment.



The layoff of workers in virtually all industries during the 1982 recession is an example of the
classification of workers as: - correct answer Cyclically unemployed.



If other things are constant, the longer the average unemployed worker searches before accepting a job:
- correct answer The higher will be the measured unemployment rate.



When mismatch unemployment characterizes an economy: - correct answer Monetary and fiscal policies
to raise AD are not the appropriate government action.



A major difference between the costs of unemployment and the costs of inflation is that: - correct
answer Unemployment costs are concentrated among a few people while inflation costs are distributed
more broadly across the entire population.



Suppose that the central bank conducts a massive open market sale of government securities but the
money supply does not change. This could be due to: - correct answer Commercial banks decreasing
their excess reserves.



Suppose that the central bank sets the required reserve ratio at 100% and banks hold no excess reserves.
It then sells $100 million of government securities in the open market. As a result of this open market
operation: - correct answer The money supply declines by $100 million.



Nonconventional monetary policy attempts to reduce financial frictions by: - correct answer Reducing
the expected future short-term interest rate, Purchasing long-term assets which raises their price and
reduces the credit spread, Correcting the shortage of liquidity that has made it costly for businesses to
invest.



The key difference between "quantitative easing" and "credit easing" is that: - correct answer The latter
refers to a substantial change in the composition of the central bank's balance sheet.



In the absence of changes in financial frictions: - correct answer Interest rates for different borrowers
move closely together.

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Academia199. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Empieza a vender

Vistos recientemente

Examen ·

(0)

Maryville Pharm Exam 4 with Complete Solutions

$17.99  1x  vendido
  • (0)
  Añadir