Midterm.docx - FIN 453 Midterm NAME_Stephen Appelt Part 1 M\/C T\/F(2 pts each 60 pts total 1 The U.S government took all of the following actions to

Midterm.docx - FIN 453 Midterm NAME_Stephen Appelt Part 1...

This preview shows page 1 - 2 out of 6 pages.

FIN 453 Midterm NAME: __________Stephen Appelt_______________ Part 1: M/C, T/F (2 pts each) 60 pts total 1The U.S. government took all of the following actions to address the credit crisis in 2008 except : aputting Fannie Mae into conservatorship.bpassed the Troubled Asset Relief Program (TARP).ccreated the Keep Banks Solvent (KBS) agency.dauthorized large non-financial firms to sell bonds that were FDIC-insured.etemporarily increased FDIC domestic deposit coverage to $250,000. 2What is the primary motivation today of forming a financial holding company? 3Bank holding companies and financial holding companies generally do notpay income tax because: 4The primary federal regulator of state banks that are not members of the Fed is the: 5Which of the following is notone of the Fed’s monetary policy tools? aOpen market operationsbChanges in the fed funds ratecChanges in the discount ratedChanges in the required reserve ratioeAll of the above are monetary policy tools of the Fed 6True or False. The Federal Reserve directly controls the federal funds rate.7
Image of page 1
Image of page 2

You've reached the end of your free preview.

Want to read all 6 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture