HW5_MC Quest

HW5_MC Quest - Homework 5 EC370 - Fall 2008 Name_ MULTIPLE...

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Homework 5 EC370 - Fall 2008 Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) If a bank has ________ rate - sensitive assets than liabilities, then ________ in interest rates will increase bank profits. 1) _______ A) less; an increase B) more; an increase C) fewer; a surge D) more; a decline 2) The government institution that has responsibility for the amount of money and credit supplied in the economy as a whole is the 2) _______ A) bank of settlement. B) central bank. C) commercial bank. D) monetary fund. 3) To eliminate the abuses of the state - chartered banks, the ________ created a new banking system of federally chartered banks, supervised by the ________. 3) _______ A) Federal Reserve Act of 1863; Office of Thrift Supervision B) Federal Reserve Act of 1863; Office of the Comptroller of the Currency C) National Bank Act of 1863; Office of Thrift Supervision D) National Bank Act of 1863; Office of the Comptroller of the Currency 4) The regulatory system that has evolved in the United States whereby banks are regulated at the state level, the national level, or both, is known as a 4) _______ A) bilateral regulatory system. B) dual banking system. C) two - tiered regulatory system. D) tiered regulatory system. 5) Probably the most significant factor explaining the drastic drop in the number of bank failures since the Great Depression has been 5) _______ A) better bank management. B)
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HW5_MC Quest - Homework 5 EC370 - Fall 2008 Name_ MULTIPLE...

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