Question

11 The Federal Reserve Bank was created in 1913. The Federal Reserve Bank was put in charge of U.S. monetary policy. They are
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Q1) true

federal reserve bank is Apex institution of US banking system, & controls monetary policy

Add a comment
Know the answer?
Add Answer to:
11 The Federal Reserve Bank was created in 1913. The Federal Reserve Bank was put in...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 18 Congress has the legal right to force the Federal Reserve Bank to accept and carry...

    18 Congress has the legal right to force the Federal Reserve Bank to accept and carry out their suggested recommendations regarding Monetary Policy. 8 03:57:44 True or False True False 19 The Federal Reserve Bank is the chief regulatory agency among all of the financial regulatory agencies like the SEC, FDIC, etc... The Federal Reserve Bank has the most regulatory power. 03:57:40 Multiple Choice This is foise - the US Treasury Department has the most regulatory power in the U.S....

  • 28 The Chairman or Chairlady of the Federal Reserve Bank has the power to personally order...

    28 The Chairman or Chairlady of the Federal Reserve Bank has the power to personally order an increase in the U.S. money supply. A vote by the Fed's FOMC is not needed in order to increase the nation's money supply. 2016.05 Multiple Choice This is false This is true only if both the President of the United States and treat of the Freneha bebes to increase the nation's money supply, then the FOMC no need None of the above Free...

  • QUESTION 1 Commercial bank reserves held at a Federal Reserve Bank are a liability of the...

    QUESTION 1 Commercial bank reserves held at a Federal Reserve Bank are a liability of the commercial bank and an asset of the Federal Reserve. True False QUESTION 2 During normal economic times, the Federal Reserve has primarily influenced overall financial conditions by adjusting the federal funds rate. The Fed Funds rate is the rate the U.S. Government charges banks for short term credit. True False QUESTION 3 Everything else held constant, a decrease in holdings of excess reserves will...

  • QUESTION 1 Even though the Fed was created in 1913, while we were still on the...

    QUESTION 1 Even though the Fed was created in 1913, while we were still on the gold standard, it didn’t need to hold any gold reserves for the notes it created. True False True False 1 points    QUESTION 2 From 1914 until 1920, the level of total bank demand deposits (checking accounts) rose by over two hundred percent, while currency in circulation hardly changed at all, rising only by 5.4%. True False 1 points    QUESTION 3 The most...

  • The Federal Reserve System (the 'Fed) was created by the Federal Reserve Act, passed by Congress...

    The Federal Reserve System (the 'Fed) was created by the Federal Reserve Act, passed by Congress in 1913. and began operations in 1914. Like all central banks, the Federal Reserve is a government agency. All of the following statements are true about the Fed except O the Federal Reserve is the "lender of last resort Oit promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets O it focuses on making a profit like...

  • sters 14,16,+ PP (07/30) 0 Saved H The Federal Reserve Bank must follow the orders of...

    sters 14,16,+ PP (07/30) 0 Saved H The Federal Reserve Bank must follow the orders of which international monetary institution? Multiple Choice None of the above. The Fed is an independent private bank and can do whatever they wish. The World Trade Organization The International Monetary Fund (IMF) The World Bank Why dont't bankers like borrowing money from the Fed's Discount Window when they find themselves in financil trouble? Multiple Choice Because the interest rates from the Fed's Discount Window...

  • The original Federal Reserve Act of 1913 allowed the secretary of the U.S. Treasury to be...

    The original Federal Reserve Act of 1913 allowed the secretary of the U.S. Treasury to be a member of the Federal Reserve Board, but a later amendment prohibited this. How would allowing the secretary of the U.S. Treasury to be a member affect the conduct of monetary policy?

  • 9 As of 2020, the Federal Reserve Bank has "total control of the Fed Funds Market....

    9 As of 2020, the Federal Reserve Bank has "total control of the Fed Funds Market. They tell banks exactly what they can and can't do in this private market. The banks must follow the orders of the Fed and they can't lend money to each other without the Fed's permission. True or False 02:15:00 Skipped False True

  • ers 14,16,+ PP (07/30) Saved Help Sav If the Federal Reserve Bank lowered the interest rate...

    ers 14,16,+ PP (07/30) Saved Help Sav If the Federal Reserve Bank lowered the interest rate on the IOER, then this would incentivize banks to lend more money True or False True False rs 14,16,+ PP (07/30) Saved Help Save & Exit In our audio-visual lecture we discussed that two politicinas wrote the Community Reinvestment Act of 1995, which forced banks to loosen their lending standards. That law set the stage for the disasterous results of the sub-prime mortgage crisis....

  • 5. The Federal Reserve's organization There are Federal Reserve regional banks. Which of the following is...

    5. The Federal Reserve's organization There are Federal Reserve regional banks. Which of the following is a responsibility of the Federal Open Market Committee (FOMC)? Issuing mortgages to homeowners Making decisions regarding monetary policy Buying and selling stocks The Federal Reserve's primary tool for changing the money supply is the U.S. economy (the money supply), the Federal Reserve will In order to increase the number of dollars in government bonds. 5. The Federal Reserve's organization There are Federal Reserve regional...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT