
Monetary policy

Quiz
•
Business
•
11th Grade - University
•
Easy
Aimee Ross
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What does OCR stand for?
Over consumed resources
Official Cash Rate
Official Cat Rate
Official Cash Rat
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What does the PTA stand for?
Parent Teachers Act
Policy Targets Act
Policy Targets Agreement
Purposeful Targeting Agreement
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What rate does the Policy Targets Agreement set out to keep inflation to in the medium term ?
0-3%
2-6%
4-5%
1-3%
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An interest rate set by the Reserve bank to implement monetary policy, so as to maintain price stability
Official Cash Rate
Policy Targets Agreement
Aggregate Demand
Open Market Operations
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When the RBNZ decreases the OCR and New Zealand banks decrease interest rates
Loose Monetary Policy
Tight Monetary Policy
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When the RBNZ increases the OCR and New Zealand banks increase interest rates.
Loose Monetary Policy
Tight Monetary POlicy
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An increase in the general price level over a period of time
Inflation
Deflation
Disinflation
Hyperinflation
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