Run the banking gates

Exercise and reference answers

Questions

1. Correct

   M1

   Choices

   1. M1
   2. M2
   3. Neither

2. Correct

   M2

   Choices

   1. M1
   2. M2
   3. Neither

3. Correct

   Demand

   Choices

   1. Demand
   2. Time
   3. Neither

4. Correct

   Time

   Choices

   1. Demand
   2. Time
   3. Neither

5. Correct

   Buy bonds

   Choices

   1. Buy bonds
   2. Sell bonds
   3. Neither

6. Correct

   Raise rate

   Choices

   1. Raise rate
   2. Lower rate
   3. Neither

Instructions

Pick the correct answer at every gate.

Explanation