BADM 7200 Exam 1 |Questions and Answers Latest Updated 2026/2027
(Graded A+)-Louisiana State University
Incorrect 0.00 points out of 1 .00
If the GDP deflator in 2009 equals 1.25 and nominal GDP in 2009 equals trillion, then the value of real
GDP in 2009 equals $12.5 trillion.
Select one: Nominal GDP = 12.5 trillion*1.25 = 15.625 trillion
$12
$12.5
$15
$18.75
$15.625
The correct answer is:
$15.625
Question 2
Correct 1 .00 points out of 1 .00
The quantitative easing policy conducted by the Federal Reserve between 2007 and 2011 resulted in a
large increase in the monetary base that was partially offset by .
Select one:
a significant increase in the reserve–deposit ratio
a significant decrease in the reserve–deposit ratio
open-market purchases
open-market sales
The correct answer is: a significant increase in the reserve–deposit ratio
1/19
, 3
Correct 1 .00 points out of 1
.00
Select one:
increase the monetary base
decrease the monetary base
increase the money multiplier
decrease the money multiplier
The correct answer is: decrease the money multiplier
4
Incorrect 0.00 points out of 1 .00
Suppose the announced inflation rates are as follows for the selected countries: the United States = 5%;
United States dollar to against the Canadian dollar and against the Mexican peso.
Select one:
appreciate; appreciate
appreciate; depreciate
C. depreciate; depreciate
D. depreciate; appreciate
The correct answer is: depreciate; depreciate
Question 5
Correct 1 .00 points out of 1 .00
Select one:
conduct an open market purchase of government bonds
increase the level of the discount rate
reduce the level of the reserve requirements
reduce the interest paid on reserves held by banks.
The correct answer is: increase the level of the discount rate
2/19
, 6
Correct 1 .00 points out of 1
.00
Historically in the United States, the workers who are unemployed have been unemployed for weeks
account for the most weeks of unemployment.
less than 5
5 to 14
15 to 26
27 or more
The correct answer is:
27 or more
7
Correct 1 .00 points out of 1
.00
If increased immigration raises the labor force, the neoclassical theory of distribution predicts that the real
wage rate will and the real rental price will .
Select one:
increase; decrease
decrease; decrease
increase; increase
decrease; increase
The correct answer is: decrease; increase
3/19
(Graded A+)-Louisiana State University
Incorrect 0.00 points out of 1 .00
If the GDP deflator in 2009 equals 1.25 and nominal GDP in 2009 equals trillion, then the value of real
GDP in 2009 equals $12.5 trillion.
Select one: Nominal GDP = 12.5 trillion*1.25 = 15.625 trillion
$12
$12.5
$15
$18.75
$15.625
The correct answer is:
$15.625
Question 2
Correct 1 .00 points out of 1 .00
The quantitative easing policy conducted by the Federal Reserve between 2007 and 2011 resulted in a
large increase in the monetary base that was partially offset by .
Select one:
a significant increase in the reserve–deposit ratio
a significant decrease in the reserve–deposit ratio
open-market purchases
open-market sales
The correct answer is: a significant increase in the reserve–deposit ratio
1/19
, 3
Correct 1 .00 points out of 1
.00
Select one:
increase the monetary base
decrease the monetary base
increase the money multiplier
decrease the money multiplier
The correct answer is: decrease the money multiplier
4
Incorrect 0.00 points out of 1 .00
Suppose the announced inflation rates are as follows for the selected countries: the United States = 5%;
United States dollar to against the Canadian dollar and against the Mexican peso.
Select one:
appreciate; appreciate
appreciate; depreciate
C. depreciate; depreciate
D. depreciate; appreciate
The correct answer is: depreciate; depreciate
Question 5
Correct 1 .00 points out of 1 .00
Select one:
conduct an open market purchase of government bonds
increase the level of the discount rate
reduce the level of the reserve requirements
reduce the interest paid on reserves held by banks.
The correct answer is: increase the level of the discount rate
2/19
, 6
Correct 1 .00 points out of 1
.00
Historically in the United States, the workers who are unemployed have been unemployed for weeks
account for the most weeks of unemployment.
less than 5
5 to 14
15 to 26
27 or more
The correct answer is:
27 or more
7
Correct 1 .00 points out of 1
.00
If increased immigration raises the labor force, the neoclassical theory of distribution predicts that the real
wage rate will and the real rental price will .
Select one:
increase; decrease
decrease; decrease
increase; increase
decrease; increase
The correct answer is: decrease; increase
3/19
