But while poker and blackjack tables will only fit six to eight players at once, a craps table can accommodate as many as 12 to 15 players at a time, so your money may be better spent. But if you want to throw an authentic casino night event, then you're going to want more options for your guests and the proper equipment to enhance the experience. Casino night fake money. Check around for places that rent out casino equipment and then spend some time deciding what you can afford and what games you want to feature.Blackjack and poker tables are relatively inexpensive, whereas a craps table or a roulette wheel may cost a little more.

Real Activity Theorists Money Laundering
Real Activity Theorists Money Supply

Economics of Money: Chapter 25

Money multiplier = Change in total money supply ÷ Change in the monetary base. How to Calculate Money Multiplier. As you now know, the money multiplier is the amount of money generated by the banking system with a certain amount of their reserves (say, one dollar). The amount of money generated here is determined by the reserve ratio. Real business cycle theorists are critical of monetarist reduced-form evidence because they believe. A) money is the most important cause of changes in aggregate demand. B) there is reverse causation from the business cycle to money. C) there is reverse causation from money to the business cycle. D) business cycles do not exist.

Economic theory suggests that ________ interest rates are ________ important than ________ interest rates in explaining investment behavior.

A) nominal; more; real
B) real; less; nominal
C) real; more; nominal
D) market; more; real

According to the traditional interest-rate channel, expansionary monetary policy lowers the real interest rate, thereby raising expenditure on

A) business fixed investment.
B) government expenditure.
C) consumer nondurables.
D) net exports.

The monetary transmission mechanism that links monetary policy to GDP through real interest rates and investment spending is called the

A) traditional interest-rate channel.
B) Tobins' q theory.
C) wealth effects.
D) cash flow channel.

If the aggregate price level adjusts slowly over time, then an expansionary monetary policy lowers

A) only the short-term nominal interest rate.
B) only the short-term real interest rate.
C) both the short-term nominal and real interest rates.
D) the short-term nominal, the short-term real, and the long-term real interest rates.

If monetary policy can influence ________ prices and conditions in ________ markets, then it can affect spending through channels other than the traditional interest-rate channel.

A) asset; labor
B) asset; credit
C) commodity; labor
D) commodity; credit

An expansionary monetary policy lowers the real interest rate, causing the domestic currency to ________, thereby ________ net exports.

A) appreciate; raising
B) appreciate; lowering
C) depreciate; raising
D) depreciate; lowering

An expansionary monetary policy increases net exports by ________ interest rates and ________ the value of the dollar.

A) lowering nominal; decreasing
B) lowering real; decreasing
C) raising nominal; increasing
D) raising real; increasing

A contractionary monetary policy raises the real interest rate, causing the domestic currency to ________, thereby ________ net exports.

A) appreciate; raising
B) appreciate; lowering
C) depreciate; raising
D) depreciate; lowering

A contractionary monetary policy decreases net exports by ________ interest rates and ________ the value of the dollar.

A) lowering real; decreasing
B) lowering real; increasing
C) raising nominal; increasing
D) raising real; increasing

Tobin's q is defined as the market value of firms ________ the replacement cost of capital.

A) times
B) minus
C) plus
D) divided by

Tobin's q theory suggests that monetary policy may affect investment spending through its impact on

A) stock prices.
B) interest rates.
C) bond prices.
D) cash flow.

In the late 1990s, the stock market bubble ________ the value of Tobin's q, and caused ________ in business equipment.

A) increased; underinvestment
B) increased; overinvestment
C) decreased; underinvestment
D) decreased; overinvestment

During the Great Depression, Tobin's q

A) rose dramatically, as did real interest rates.
B) fell to unprecedentedly low levels.
C) stayed fairly constant, in contrast to most other economic measures.
D) rose only slightly, in spite of Hoover's attempts to prop it up.

According to Tobin's q theory, ________ policy can affect ________ spending through its effect on the prices of common stock.

A) fiscal; consumption
B) fiscal; investment
C) monetary; consumption
D) monetary; investment

According to Tobin's q theory, when q is ________, firms will not purchase new investment goods because the market value of firms is ________ relative to the cost of capital.

A) low; low
B) low; high
C) high; low
D) high; high

According to Tobin's q theory, if q is ________, new plant and equipment capital is ________ relative to the market value of business firms, so companies can buy a lot of new investment goods with only a ________ issue of stock.

A) high; dear; large
B) high; cheap; large
C) high; cheap; small
D) low; cheap; large
E) low; cheap; small

According to Tobin's q theory, when equity prices are low the market price of existing capital is ________ relative to new capital, so expenditure on fixed investment is ________.

A) cheap; low
B) dear; low
C) cheap; high
D) dear; high

According to Tobin's q theory, when equity prices are high the market price of existing capital is ________ relative to new capital, so expenditure on fixed investment is ________.

A) cheap; low
B) dear; low
C) cheap; high
D) dear; high

Franco Modigliani has found that an expansionary monetary policy can cause stock market prices to ________ and consumption to ________.

A) increase; increase
B) increase; decrease
C) decrease; decrease
D) decrease; increase

Real Activity Theorists Money Laundering

Since Regulation Q has been abolished, there have been doubts raised about the size of the effect of the ________ channel.

A) balance sheet
B) bank lending
C) cash flow
D) unanticipated price level

A rise in stock prices ________ the net worth of firms and so leads to ________ investment spending because of the reduction in moral hazard.

A) raises; higher
B) raises; lower
C) reduces; higher
D) reduces; lower

Because of the presence of asymmetric information problems in credit markets, an expansionary monetary policy causes a ________ in net worth, which ________ the adverse selection problem, thereby ________ increased lending to finance investment spending.

A) decline; increases; encouraging
B) rise; increases; discouraging
C) rise; reduces; encouraging
D) decline; reduces; discouraging

Due to asymmetric information in credit markets, monetary policy may affect economic activity through the balance sheet channel, where an increase in the money supply

A) raises stock prices, lowering the cost of new capital relative to firms' market value, thus increasing investment spending.
B) raises firms' net worth, decreasing adverse selection and moral hazard problems, thus increasing banks' willingness to lend to finance investment spending.
C) raises the level of bank reserves, deposits, and bank loans, thereby raising spending by those individuals who do not have access to credit markets.
D) lowers the value of the dollar, increasing net exports and aggregate demand.

An expansionary monetary policy raises firms' cash flows by ________ interest rates.

A) lowering real
B) lowering nominal
C) raising real
D) raising nominal

If a