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Simplify the expression. Assume the variable(s) do not equal zero. Write your answer with positive exponents only.

​Suppose the current real federal funds rate in the economy is 1.5%, the current inflation rate is 3.0%, the Federal Reserve’s target inflation rate is 2.0%, and the output gap is 1.0%. The Taylor Rule would suggest that the Federal Reserve’s target federal funds rate should be

Exam point distribution Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 6 6 6 6 6 6 20 18 18 18 Total points = 110 Question 1-6 multiple choice questions Question 7-10 free response questions Extra credit 5 points Before you start, make sure your camera is positioned as shown below!  

If GDP is $16 trillion and the money supply is $4 trillion, then the velocity of money is

The responsibilities of the European Central Bank include

​One of the biggest challenges the Federal Reserve faces in conducting monetary policy is the existence of __________ lags.

(5 possible extra credit points) – The answer to this question is in one of the “Real Life” Sections at the end of the Modules Write “Extra Credit” on your page and one of the 4 optional answers A – D provided   Why does Dr. Gould think organic chemistry is stupid? A) Because it isn’t really relevant to anything we care about B) Because nature does it a lot better C) Because it is too complicated to understand D) Because organic chemistry is mainly memorization

Using points (-4,6) and (-16,15) provide the slope intercept equation.

​Which of the following qualifies as a liability to a bank?

Exam point distribution Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 6 6 6 6 6 6 20 18 18 18 Total points = 110 Question 1-6 multiple choice questions Question 7-10 free response questions Extra credit 5 points Before you start, make sure your camera is positioned as shown below!