17) C. Fighting inflation. | ||||||
18) B. Federal open market committee | ||||||
19) C. reserve requirements. | ||||||
20) B. altering the discount rate. | ||||||
The three main tools of monetary policy used by the Federal reserve | ||||||
are 1)OMO's(open market operations 2) altering the discount rate | ||||||
3) setting the reserve requirement. | ||||||
The relatively weak tool is altering the discount rate. |
17. If you were to survey central bankers from around the world and ask them what...
1. Central bank responsibilities do not include: a. Providing mortgages to consumers b. Acting as the government's bank or fiscal agent c. Setting monetary policy d. Acting as a lender of last resort (emergency lending) 2. A governor on the Board of Governors is nominated by: a. The Chair of the Fed b. The Senate Banking Committee c. Regional Fed Presidents d. The President of the United States 3. There is a regional Federal Reserve Bank in each of the...
According to our discussion, the most widely used monetary policy tool used by the Federal Reserve is ___________. A- altering the discount rate B- altering the reserve requirements C- altering the money supply D- altering marginal tax rates
Question 1 3 pts The Federal Open Market Committee (FOMC), buys and sells securities on a market. O primary O product O factor O secondary Next Not saved Submit Quiz D Question 2 3 pts Which of the following terms is used to describe the proportion of deposits that banks are legally required to deposit with the central bank? Time Attemp 59 Mi O discount requirements O reserve requirements O monetary requirements O deposit requirements Next Previous Not saved Submit...
25. Central Vermont Power sold $200 million of bonds to finance a major upgrade of one of its largest power plants. The sale of these bonds indicates that Central Vermont utilizes equity capital to meet its long-term financing needs. A) True B) False 26. Using fresh fruits and vegetables as money fails to achieve the desired characteristic of useful money. A) objectivity. B) seasonality. C) transferability D) durability 27. The Board of Governors of the Federal Reserve System determines: A)...
The U.S. central bank that sets monetary policy and regulates the U.S. banking system is known as the: Select the correct answer Regional Central Bank The Federal Reserve Bank of New York The Congress Question 2 5 Points Which of the following is not a component of the Fed System? Select the correct answer Member Banks Federal Reserve District Banks Federal Open Market Committee Regional Committee Question 3 5 Points The function of setting reserve requirements and supervising member banks...
12) Which of the following is an entity of the Federal Reserve System? A) The U.S. Treasury Secretary B) The FOMC C) The Comptroller of the Currency D) The FDIC 13) The Federal Reserve Banks are institutions since they are owned by the A) quasi-public; private commercial banks in the district where the Reserve Bank is located B) public; private commercial banks in the district where the Reserve Bank is located C) quasi-public; U.S. Treasury D) public; U.S. Treasury 14)...
What makes the Federal Reserve so unique compared to other central banks around the world is its a. centralized structure. b. decentralized structure. c. regulatory functions. d. monetary policy functions.
because it doesn't need approval 1. The Federal Reserve is when making monetary policy decisions. a. decentralized; presidential and congressional b. independent within government; presidential and congressional c. decentralized; private sector d. independent within government; foreign 2. The organization within the Federal Reserve that determines monetary policy is: a. the Board of Governors b. the New York Federal Reserve District Bank c. the Federal Open Market Committee d. the Federal Monetary Control Committee 3. The Federal Reserve system hasdistrict banks....
22- Which of the following statements is most correct? a. A venants in mortgage bond is one that allows the same assets to be used as security in future bond issues. b. Covenants in a trust indenture restrict or limit the actions the firm c c. Retractable bonds can be redeemed prior to maturity by the firm. d. All of the above are correct. 23-Wh a. Setting reserve requirements b. Altering the discount rate, c. Through federal open market operations...
Which central bank has its exchange rate as a focus of its monetary policy? A. Bank of Canada B. European Central Bank C. Bank of England D. Federal Reserve