chapter 31 quiz

chapter 31 quiz - 1. A) B) C) D) 2.

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1.  Commercial banks and thrift institutions: A) differ because thrifts cannot make loans. B) differ because thrifts cannot offer checkable deposits. C) have become less similar in recent years. D) have become increasingly similar in recent years. 2.  To say that the Federal Reserve Banks are quasi-public banks means that: A) they are privately owned, but managed in the public interest. B) they deal only with banks of foreign nations and do not have direct business contact with  U.S. banks. C) they deal only with commercial banks, and not the public. D) they are publicly owned, but privately managed. 3.  If you are estimating your total expenses for school next semester, you are using money  primarily as: A) a medium of exchange. B) a store of value. C) a unit of account. D) an economic investment.
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This note was uploaded on 03/29/2010 for the course ECON 112 taught by Professor Smith during the Spring '10 term at Bowling Green.

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chapter 31 quiz - 1. A) B) C) D) 2.

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