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Macroeconomics Timed Quiz Assignments | Online Homework Help

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April 22nd, 2020

This quiz covers the Aggregate Demand and Aggregate Supply and Money, Banks and the FED chapters Topics are not in number order, I just numbered them to show next topic. Some topics have more than one question about them. 1. Definition of Potential GDP 2. Know the relationship between the reserve ratio and the money multiplier

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3. Know that the AD/AS Model is used to explain fluctuations in Real GDP and Price Level 4. Know the outcome in both the short run and long run of Aggregate Demand shocks (These are the first two ABC graphs I did in Part 3 of the AD/AS Videos) 5. Know what causes a movement along the AD curve and what shifts the curve 6. Know how to calculate a change in the money supply due to a new deposit in the bank using the formula with the money multiplier 7. There will be about 3 questions where you will use information from a T account to calculate either the reserve requirement, reserves, or excess reserves

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