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UOFA ECON 200 FINAL EXAM VERSION 1
NEWEST 2025 WITH QUESTIONS AND
VERIFIED ANSWERS
According to purchasing-power parity, if the price of a
basket of goods in the U.S. rose from $2,000 to $2,104
and the price of the same basket of goods rose from 800
units to 832 units of some other country's currency,
then the
a. nominal exchange rate would appreciate.
b. nominal exchange rate would depreciate.
c. real exchange rate would appreciate.
d. real exchange rate would depreciate. - ANSWER-B
Anna recently graduated from college with a degree in
electrical engineering, but she has not yet started
working. Tobe counted as "unemployed" she
a. does not have to have looked for work.
b. must have looked for work no more than a week ago.
c. must have looked for work no more than four weeks
ago.
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d. must have looked for work no more than twelve
weeks ago. - ANSWER-C
29. If traveler's checks were $1000 higher and saving
deposits were $500 higher, M1 would be
a. $500 higher and M2 would be $1,500 higher.
b. $1,000 higher and M2 would be $1,500 higher.
c. M2 and M1 would be $1,500 higher.
d. $1,000 high and M2 would be $500 higher. -
ANSWER-B
30. John and Jane decide to go on a vacation. As a
result, they withdraw $2,500 from their savings account
to purchase$2,500 worth of traveler's checks. As a
result of these changes,
a. M1 increases by $2,500 and M2 decreases by $2,500.
b. M1 increases by $2,500 and M2 stays the same.
c. M1 and M2 stay the same.
d. M1 decreases by $2,500 and M2 increases by $2,500.
- ANSWER-B
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1. An open-market purchase
a. increases the number of dollars and the number of
bonds in the hands of the public.
b. increases the number of dollars in the hands of the
public and decreases the number of bonds in the hands
of the public.
c. decreases the number of dollars and the number of
bonds in the hands of the public.
d. decreases the number of dollars in the hands of the
public and increases the number of bonds in the hands
of the public. - ANSWER-B
32. An open-market sale
a. increases the number of dollars and the number of
bonds in the hands of the public.
b. increases the number of dollars in the hands of the
public and decreases the number of bonds in the hands
of the public.
c. decreases the number of dollars and the number of
bonds in the hands of the public.
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d. decreases the number of dollars in the hands of the
public and increases the number of bonds in the hands
of the public. - ANSWER-D
33. A bank's reserve ratio is 10 percent and the bank
has $5,000 in deposits. Its reserves amount to
a. $50.
b. $500.
c. $4,500.
d. $4,950. - ANSWER-B
34. A bank's reserve ratio is 5 percent and the bank has
$2,280 in reserve. Its deposits amount to
a. $114.
b. $2,166.
c. $2,400.
d. $45,600. - ANSWER-D
.35. If a bank that desires to hold no excess reserves
and has just enough reserves to meet the required
UOFA ECON 200 FINAL EXAM VERSION 1
NEWEST 2025 WITH QUESTIONS AND
VERIFIED ANSWERS
According to purchasing-power parity, if the price of a
basket of goods in the U.S. rose from $2,000 to $2,104
and the price of the same basket of goods rose from 800
units to 832 units of some other country's currency,
then the
a. nominal exchange rate would appreciate.
b. nominal exchange rate would depreciate.
c. real exchange rate would appreciate.
d. real exchange rate would depreciate. - ANSWER-B
Anna recently graduated from college with a degree in
electrical engineering, but she has not yet started
working. Tobe counted as "unemployed" she
a. does not have to have looked for work.
b. must have looked for work no more than a week ago.
c. must have looked for work no more than four weeks
ago.
,2|Page
d. must have looked for work no more than twelve
weeks ago. - ANSWER-C
29. If traveler's checks were $1000 higher and saving
deposits were $500 higher, M1 would be
a. $500 higher and M2 would be $1,500 higher.
b. $1,000 higher and M2 would be $1,500 higher.
c. M2 and M1 would be $1,500 higher.
d. $1,000 high and M2 would be $500 higher. -
ANSWER-B
30. John and Jane decide to go on a vacation. As a
result, they withdraw $2,500 from their savings account
to purchase$2,500 worth of traveler's checks. As a
result of these changes,
a. M1 increases by $2,500 and M2 decreases by $2,500.
b. M1 increases by $2,500 and M2 stays the same.
c. M1 and M2 stay the same.
d. M1 decreases by $2,500 and M2 increases by $2,500.
- ANSWER-B
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1. An open-market purchase
a. increases the number of dollars and the number of
bonds in the hands of the public.
b. increases the number of dollars in the hands of the
public and decreases the number of bonds in the hands
of the public.
c. decreases the number of dollars and the number of
bonds in the hands of the public.
d. decreases the number of dollars in the hands of the
public and increases the number of bonds in the hands
of the public. - ANSWER-B
32. An open-market sale
a. increases the number of dollars and the number of
bonds in the hands of the public.
b. increases the number of dollars in the hands of the
public and decreases the number of bonds in the hands
of the public.
c. decreases the number of dollars and the number of
bonds in the hands of the public.
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d. decreases the number of dollars in the hands of the
public and increases the number of bonds in the hands
of the public. - ANSWER-D
33. A bank's reserve ratio is 10 percent and the bank
has $5,000 in deposits. Its reserves amount to
a. $50.
b. $500.
c. $4,500.
d. $4,950. - ANSWER-B
34. A bank's reserve ratio is 5 percent and the bank has
$2,280 in reserve. Its deposits amount to
a. $114.
b. $2,166.
c. $2,400.
d. $45,600. - ANSWER-D
.35. If a bank that desires to hold no excess reserves
and has just enough reserves to meet the required
