tb02 4090 - Question 1 1 out of 1 points Each Federal...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Question 1 1 out of 1 points Each Federal Reserve district bank is responsible for reporting its regional conditions, and all of these reports are consolidated to compose the Beige Book. Answer Selected Answer: True Correct Answer: True Question 2 0 out of 1 points To increase the money supply, the Trading Desk would be instructed to sell government securities. Answer Selected Answer: True Correct Answer: False Question 3 1 out of 1 points Members of the Board of Governors serve 14-year nonrenewable terms. Answer Selected Answer: True Correct Answer: True Question 4 0 out of 1 points A(n) ____ in Federal Reserve float causes a(n) ____ in bank funds. Answer Selected Answer: b. increase; decrease Correct Answer: d. B and C Question 5 1 out of 1 points The ____ is made up of seven individual members, and each member is appointed by the president of the U.S. Answer Selected Answer: b. Board of Governors Correct Answer: b. Board of Governors Question 6 0 out of 1 points According to the theory of rational expectations, if the Fed uses open market operations in order to increase the supply of loanable funds, the ultimate effect on interest rates is definitely Answer Selected Answer: c. an increase in interest rates. Correct Answer: a. the impact on interest rates can not be determined. Question 7 0 out of 1 points Of the nine directors of each Fed district bank, ____ are elected by member banks in that district. Answer Selected Answer: a. 9 Correct Answer: b. 6 Question 8 1 out of 1 points Question 5 1 out of 1 points The ____ is made up of seven individual members, and each member is appointed by the president of the U.S. Answer Selected Answer: b. Board of Governors Correct Answer: b. Board of Governors Question 6 0 out of 1 points According to the theory of rational expectations, if the Fed uses open market operations in order to increase the supply of loanable funds, the ultimate effect on interest rates is definitely Answer Selected Answer: c. an increase in interest rates. Correct Answer: a. the impact on interest rates can not be determined. Question 7 0 out of 1 points Of the nine directors of each Fed district bank, ____ are elected by member banks in that district. Answer Selected Answer: a. 9 Correct Answer: b. 6 Question 8 1 out of 1 points Each member of the Board of Governors is appointed by the president of the United States and serves a nonrenewable 14-year term. Answer Selected Answer: True Correct Answer: True Question 9 0 out of 1 points If the Fed desires to ____ the money supply using open market operations, it would instruct the trading desk to ____ government securities....
View Full Document

Page1 / 63

tb02 4090 - Question 1 1 out of 1 points Each Federal...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online