問題一覧
1
_______________ is one of the main types Of government macroeconomic policy.
Monetary Policy
2
Monetary policy is one of the main types of government ______________ policy.
macroeconomic
3
It can be defined as the measures or actions taken by the central bank using all of its tools in order to regulate the money supply thus influencing the overall level of economic activities.
Monetary Policy
4
Monetary Policy it can be defined as the measures or actions taken by the __________ using all of its tools in order to regulate the money supply thus influencing the overall level of economic activities.
central bank
5
It is also used for the purpose of achieving the government's macroeconomic goals.
Monetary Policy
6
Monetary Policy :
It is also used for the purpose of achieving the government's ______________ goals
macroeconomic
7
A ___________ is the central monetary authority which provides monetary policy directions that cover the areas of money, credit, and banking.
central bank
8
It also supervises the operation of banks and regulates the activities of nonbank financial institutions or intermediaries
Central Bank
9
Central banking in the Philippines started during the term of President ______________ where The Central Bank Act (R.A. No. _____) was signed into law on _____________ inaugurating the Central Bank of the Philippines (CBP).
Elpidio Quirino, 265, June 15 1948
10
Its first __________ is ____________. CBP's main role was developmental; to promote a rising level of production, employment, and real income; and it also has its rediscounting window.
governor, Miguel Cuaderno
11
President _____________ signed Presidential Decree (PD) No. ___ that widened the scope of the authority of CBP (under R.A. No. ____): it has the authority _______ on the monetary and banking system, but on the entire financial system as well.
Ferdinand Marcos, 72, 265, not only
12
Under PD No. ___, the CBP's role shifted its focus
from developmental functions to achieving monetary stability.
72
13
In _______, the old CBP was restructured to pave way for the creation of the _______________ (BSP) under the enactment of R.A. No. ______ (effective ______________) otherwise known as the New Central Bank Act.
1993, Bangko Sentral ng Pilipinas, 7653, July 3, 1993
14
The primary mandate of the _____ is, "to promote price stability conducive to a balanced and sustainable growth of the economy", Par. 2, Sec. 3, R.A. No. 7653.
BSP
15
The BSP focuses on ________ main areas or pillars to carry out its mandate. These areas are:
three
16
This refers to the condition of low and stable inflation rate.
Price Stability
17
The BSP uses monetary policy to help keep inflation low and stable.
Price Stability
18
With ____________, prices of goods and services do not rise too quickly.
price stability
19
People will have a degree of certainty when deciding how to spend, invest, or save their money.
Price Stability
20
Price Stability. This refers to the condition of ___ and stable inflation rate. The BSP uses monetary policy to help keep inflation ____ and stable. With price stability, prices of goods and services ______ rise too quickly. People will have a degree of __________when deciding how to spend, invest, or save their money.
low, low, do not, certainty
21
BSP makes sure that financial institutions (bank and nonbank) follow the prudential rules and regulations.
Financial Stability
22
It also ensures the protection of depositors and investors
and the prevention of financial institution failures.
Financial Stability
23
Financial Stability. ____ makes sure that financial institutions (bank and nonbank) follow the prudential rules and regulations. It also ensures the protection of depositors and investors and the prevention of financial institution failures.
BSP
24
__________________, The BSP guarantees that the settlements of financial transactions of the general public are safe, timely and accurate Monetary Policy Frameworks
Efficient Payments and Settlements System
25
____________ has three frameworks that can be adopted by the Central Bank of the country to achieve the desired level of inflation rate and thus affecting the level of economic growth.
Monetary Policy
26
Monetary policy has ______ frameworks that can be adopted by the ________ of the country to achieve the desired level of inflation rate and thus affecting the level of economic growth.
three, Central Bank
27
The BSP focuses on three main areas or pillars to carry out its mandate. These areas are:
Price Stability, Financial Stability, Efficient Payments and Settlements System
28
Monetary policy has three frameworks that can be adopted by the Central Bank of the country to achieve the desired level of inflation rate and thus affecting the level of economic growth. These are:
Monetary Aggregate Targeting, Interest Rate Targeting, Inflation Targeting
29
This framework is an approach to monetary policy
undertaken by central banks that aims to influence the behavior of monetary aggregates.
Monetary aggregate targeting
30
________________ approach is based on the assumption that there is a stable and predictable relationship among money, output, and inflation rate.
Monetary Aggregate Targeting
31
Monetary Aggregate Targeting. This framework is an approach to monetary policy undertaken by __________ that aims to influence the behavior of monetary aggregates. Monetary aggregate targeting approach is based on the assumption that there is a _______ and ___________ relationship among money, output, and inflat
Central Banks, stable, predictable
32
This involves the actions of the central bank that affect the
targeted level of interest rate.
Interest Rate Targeting
33
___________ refers to the payment, expressed per year, made by a borrower to a lender in exchange for a loan of a proportion of money.
Interest Rate
34
Interest rate refers to the payment, expressed per ______,made by a borrower to a lender in exchange for a loan of a proportion of money. It has two kinds: the _________ and _____ interest rate.
year, nominal, real
35
The ________ interest rate is expressed in terms of the money payments made on loan.
nominal
36
The ______ or ___________ interest rate is expressed in terms of goods and services; it is approximately equal to the nominal rate minus the inflation rate.
real, inflation adjusted
37
The real or inflation adjusted interest rate is expressed in terms of goods and services; it is approximately equal to the nominal rate ______ the inflation rate.
minus
38
It involves the announcement of an explicit inflation target that the central bank promises to achieve over a given time period.
Inflation Targeting
39
This monetary policy framework is being adopted by the BSP in accordance with its primary mandate.
Inflation Targeting
40
It was formally adopted in January 2002.
Inflation Targeting
41
Inflation Targeting. It involves the announcement of an ________ inflation target that the ________ promises to achieve over a given time period. This monetary policy framework is being adopted by the ____ in accordance with its primary mandate. It was formally adopted in _________.
explicit, central bank, BSP, January 2002
42
Under this approach, the BSP commits itself to keep inflation at a preannounced average rate in a given year and take actions based on what it thinks will happen to prices in the future, since it takes time for monetary policy to take full effect on the economy.
Inflation Targeting
43
Under this approach, the BSP commits itself to keep inflation at a preannounced average rate in a given year and take actions based on what it thinks will happen to prices in the ________ since it takes time for monetary policy to take full effect on the economy. If the BSP fails to achieve the target inflation rate, it is required to issue an open letter to the __________ of the Philippines explaining to the public why the target was not achieved and to come up with measures on how to achieve the desired inflation rate.
future, president
44
In order to undertake its monetary policy, the BSP uses the following monetary policy tools or instruments in order to influence the desired level of liquidity in the economy:
BSP's Policy Interest Rate, Reserve Requirement, Special Deposit Account Facility, Rediscount Rate, Open Market Operations
45
These policy interest rates are used by the BSP when it Lends or borrows to or from banks with government securities as collateral.
BSP's Policy Interest Rates
46
When the BSP lends to banks with government securities as collateral, its corresponding policy rate called _______________
overnight purchase rate
47
On the other hand, when the BSP borrows from banks with government securities as collateral, its corresponding policy rate is called ______________.
overnight reverse purchase rate
48
It refers to the mandatory proportion of the deposits and deposit substitute liabilities of the banks that they hold as reserves.
Reserve Requirement
49
BSP requires ALL banks to hold reserves for liquidity purposes.
Reserve Requirement
50
This facility allows banks and trust entities of BSP supervised financial institutions to have fixed-term deposits with the BSP.
Special Deposit Account Facility
51
This is the interest rate that BSP uses when it lends money to a financial institution.
Rediscount rate
52
This lending of money made by the is its rediscounting facility, a special refinancing facility, where promissory notes and other loan papers of the borrowers of the financial institutions are used as collateral.
Rediscount rate
53
It involves the outright sale or purchase of government securities by the BSP.
Open Market Operations
54
Government securities may be treasury bills or treasury bonds.
Open Market Operations
Topic 1
Topic 1
Mikyii · 67問 · 1年前Topic 1
Topic 1
67問 • 1年前Topic 2
Topic 2
Mikyii · 37問 · 1年前Topic 2
Topic 2
37問 • 1年前Topic 2.2 - 2.3
Topic 2.2 - 2.3
Mikyii · 44問 · 1年前Topic 2.2 - 2.3
Topic 2.2 - 2.3
44問 • 1年前Topic 1 - 1.2
Topic 1 - 1.2
Mikyii · 39問 · 1年前Topic 1 - 1.2
Topic 1 - 1.2
39問 • 1年前Topic 1.3
Topic 1.3
Mikyii · 37問 · 1年前Topic 1.3
Topic 1.3
37問 • 1年前Topic 1.4 - 1.5
Topic 1.4 - 1.5
Mikyii · 36問 · 1年前Topic 1.4 - 1.5
Topic 1.4 - 1.5
36問 • 1年前Topic 2.1 - 2.2
Topic 2.1 - 2.2
Mikyii · 78問 · 1年前Topic 2.1 - 2.2
Topic 2.1 - 2.2
78問 • 1年前Topic 2.3 - 2.4
Topic 2.3 - 2.4
Mikyii · 27問 · 1年前Topic 2.3 - 2.4
Topic 2.3 - 2.4
27問 • 1年前Topic 2.5
Topic 2.5
Mikyii · 57問 · 1年前Topic 2.5
Topic 2.5
57問 • 1年前Topic 2.6 - 2.7
Topic 2.6 - 2.7
Mikyii · 55問 · 1年前Topic 2.6 - 2.7
Topic 2.6 - 2.7
55問 • 1年前Topic 3.1
Topic 3.1
Mikyii · 25問 · 1年前Topic 3.1
Topic 3.1
25問 • 1年前Topic 3.2
Topic 3.2
Mikyii · 61問 · 1年前Topic 3.2
Topic 3.2
61問 • 1年前Topic 3.3
Topic 3.3
Mikyii · 43問 · 1年前Topic 3.3
Topic 3.3
43問 • 1年前Topic 3.4
Topic 3.4
Mikyii · 10問 · 1年前Topic 3.4
Topic 3.4
10問 • 1年前Topic 3
Topic 3
Mikyii · 32問 · 1年前Topic 3
Topic 3
32問 • 1年前Topic 4
Topic 4
Mikyii · 32問 · 1年前Topic 4
Topic 4
32問 • 1年前Topic 1
Topic 1
Mikyii · 48問 · 1年前Topic 1
Topic 1
48問 • 1年前Topic 2
Topic 2
Mikyii · 59問 · 1年前Topic 2
Topic 2
59問 • 1年前Topic 2 : Unemployment
Topic 2 : Unemployment
Mikyii · 32問 · 1年前Topic 2 : Unemployment
Topic 2 : Unemployment
32問 • 1年前Topic 2 : Inflation
Topic 2 : Inflation
Mikyii · 59問 · 1年前Topic 2 : Inflation
Topic 2 : Inflation
59問 • 1年前問題一覧
1
_______________ is one of the main types Of government macroeconomic policy.
Monetary Policy
2
Monetary policy is one of the main types of government ______________ policy.
macroeconomic
3
It can be defined as the measures or actions taken by the central bank using all of its tools in order to regulate the money supply thus influencing the overall level of economic activities.
Monetary Policy
4
Monetary Policy it can be defined as the measures or actions taken by the __________ using all of its tools in order to regulate the money supply thus influencing the overall level of economic activities.
central bank
5
It is also used for the purpose of achieving the government's macroeconomic goals.
Monetary Policy
6
Monetary Policy :
It is also used for the purpose of achieving the government's ______________ goals
macroeconomic
7
A ___________ is the central monetary authority which provides monetary policy directions that cover the areas of money, credit, and banking.
central bank
8
It also supervises the operation of banks and regulates the activities of nonbank financial institutions or intermediaries
Central Bank
9
Central banking in the Philippines started during the term of President ______________ where The Central Bank Act (R.A. No. _____) was signed into law on _____________ inaugurating the Central Bank of the Philippines (CBP).
Elpidio Quirino, 265, June 15 1948
10
Its first __________ is ____________. CBP's main role was developmental; to promote a rising level of production, employment, and real income; and it also has its rediscounting window.
governor, Miguel Cuaderno
11
President _____________ signed Presidential Decree (PD) No. ___ that widened the scope of the authority of CBP (under R.A. No. ____): it has the authority _______ on the monetary and banking system, but on the entire financial system as well.
Ferdinand Marcos, 72, 265, not only
12
Under PD No. ___, the CBP's role shifted its focus
from developmental functions to achieving monetary stability.
72
13
In _______, the old CBP was restructured to pave way for the creation of the _______________ (BSP) under the enactment of R.A. No. ______ (effective ______________) otherwise known as the New Central Bank Act.
1993, Bangko Sentral ng Pilipinas, 7653, July 3, 1993
14
The primary mandate of the _____ is, "to promote price stability conducive to a balanced and sustainable growth of the economy", Par. 2, Sec. 3, R.A. No. 7653.
BSP
15
The BSP focuses on ________ main areas or pillars to carry out its mandate. These areas are:
three
16
This refers to the condition of low and stable inflation rate.
Price Stability
17
The BSP uses monetary policy to help keep inflation low and stable.
Price Stability
18
With ____________, prices of goods and services do not rise too quickly.
price stability
19
People will have a degree of certainty when deciding how to spend, invest, or save their money.
Price Stability
20
Price Stability. This refers to the condition of ___ and stable inflation rate. The BSP uses monetary policy to help keep inflation ____ and stable. With price stability, prices of goods and services ______ rise too quickly. People will have a degree of __________when deciding how to spend, invest, or save their money.
low, low, do not, certainty
21
BSP makes sure that financial institutions (bank and nonbank) follow the prudential rules and regulations.
Financial Stability
22
It also ensures the protection of depositors and investors
and the prevention of financial institution failures.
Financial Stability
23
Financial Stability. ____ makes sure that financial institutions (bank and nonbank) follow the prudential rules and regulations. It also ensures the protection of depositors and investors and the prevention of financial institution failures.
BSP
24
__________________, The BSP guarantees that the settlements of financial transactions of the general public are safe, timely and accurate Monetary Policy Frameworks
Efficient Payments and Settlements System
25
____________ has three frameworks that can be adopted by the Central Bank of the country to achieve the desired level of inflation rate and thus affecting the level of economic growth.
Monetary Policy
26
Monetary policy has ______ frameworks that can be adopted by the ________ of the country to achieve the desired level of inflation rate and thus affecting the level of economic growth.
three, Central Bank
27
The BSP focuses on three main areas or pillars to carry out its mandate. These areas are:
Price Stability, Financial Stability, Efficient Payments and Settlements System
28
Monetary policy has three frameworks that can be adopted by the Central Bank of the country to achieve the desired level of inflation rate and thus affecting the level of economic growth. These are:
Monetary Aggregate Targeting, Interest Rate Targeting, Inflation Targeting
29
This framework is an approach to monetary policy
undertaken by central banks that aims to influence the behavior of monetary aggregates.
Monetary aggregate targeting
30
________________ approach is based on the assumption that there is a stable and predictable relationship among money, output, and inflation rate.
Monetary Aggregate Targeting
31
Monetary Aggregate Targeting. This framework is an approach to monetary policy undertaken by __________ that aims to influence the behavior of monetary aggregates. Monetary aggregate targeting approach is based on the assumption that there is a _______ and ___________ relationship among money, output, and inflat
Central Banks, stable, predictable
32
This involves the actions of the central bank that affect the
targeted level of interest rate.
Interest Rate Targeting
33
___________ refers to the payment, expressed per year, made by a borrower to a lender in exchange for a loan of a proportion of money.
Interest Rate
34
Interest rate refers to the payment, expressed per ______,made by a borrower to a lender in exchange for a loan of a proportion of money. It has two kinds: the _________ and _____ interest rate.
year, nominal, real
35
The ________ interest rate is expressed in terms of the money payments made on loan.
nominal
36
The ______ or ___________ interest rate is expressed in terms of goods and services; it is approximately equal to the nominal rate minus the inflation rate.
real, inflation adjusted
37
The real or inflation adjusted interest rate is expressed in terms of goods and services; it is approximately equal to the nominal rate ______ the inflation rate.
minus
38
It involves the announcement of an explicit inflation target that the central bank promises to achieve over a given time period.
Inflation Targeting
39
This monetary policy framework is being adopted by the BSP in accordance with its primary mandate.
Inflation Targeting
40
It was formally adopted in January 2002.
Inflation Targeting
41
Inflation Targeting. It involves the announcement of an ________ inflation target that the ________ promises to achieve over a given time period. This monetary policy framework is being adopted by the ____ in accordance with its primary mandate. It was formally adopted in _________.
explicit, central bank, BSP, January 2002
42
Under this approach, the BSP commits itself to keep inflation at a preannounced average rate in a given year and take actions based on what it thinks will happen to prices in the future, since it takes time for monetary policy to take full effect on the economy.
Inflation Targeting
43
Under this approach, the BSP commits itself to keep inflation at a preannounced average rate in a given year and take actions based on what it thinks will happen to prices in the ________ since it takes time for monetary policy to take full effect on the economy. If the BSP fails to achieve the target inflation rate, it is required to issue an open letter to the __________ of the Philippines explaining to the public why the target was not achieved and to come up with measures on how to achieve the desired inflation rate.
future, president
44
In order to undertake its monetary policy, the BSP uses the following monetary policy tools or instruments in order to influence the desired level of liquidity in the economy:
BSP's Policy Interest Rate, Reserve Requirement, Special Deposit Account Facility, Rediscount Rate, Open Market Operations
45
These policy interest rates are used by the BSP when it Lends or borrows to or from banks with government securities as collateral.
BSP's Policy Interest Rates
46
When the BSP lends to banks with government securities as collateral, its corresponding policy rate called _______________
overnight purchase rate
47
On the other hand, when the BSP borrows from banks with government securities as collateral, its corresponding policy rate is called ______________.
overnight reverse purchase rate
48
It refers to the mandatory proportion of the deposits and deposit substitute liabilities of the banks that they hold as reserves.
Reserve Requirement
49
BSP requires ALL banks to hold reserves for liquidity purposes.
Reserve Requirement
50
This facility allows banks and trust entities of BSP supervised financial institutions to have fixed-term deposits with the BSP.
Special Deposit Account Facility
51
This is the interest rate that BSP uses when it lends money to a financial institution.
Rediscount rate
52
This lending of money made by the is its rediscounting facility, a special refinancing facility, where promissory notes and other loan papers of the borrowers of the financial institutions are used as collateral.
Rediscount rate
53
It involves the outright sale or purchase of government securities by the BSP.
Open Market Operations
54
Government securities may be treasury bills or treasury bonds.
Open Market Operations