{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

assignment 2

Mandate consistent indicates that it should not be

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
“mandate consistent” indicates that it should not be misinterpreted as a commitment to control inflation within too tight a range over too short a time horizon. Also, by allowing the rate to be adjusted if sound economic reasoning supports it, the Fed would not be locked in to an inappropriate goal. d. According to Dr. Bernanke, what would have been the result if the Fed had not responded with expansionary monetary policy in 2008? It would have resulted in a global financial meltdown and an economic collapse is nothing is done by the Fed. e. How does Bernanke’s advice for veterans apply to your own academic career?
Background image of page 1

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

View Full Document Right Arrow Icon
1. While you are in the military, take advantage of training opportunities. Many specific skills learned in the military--nursing and healthcare, mechanics, computer programming, police and security work--transfer to civilian jobs. 2. When you leave the military, take advantage of education benefits for veterans. The Post-9/11 GI Bill pays for tuition and fees, a monthly housing allowance, and books and supplies. 3. Educate yourself about your own personal finances. Making good, well-thought- out financial decisions can make all the difference to your financial future. 2. In Part One of the course documents, (and also in external links) there is a pdf table showing financial institutions and their regulators. After looking at the table, answer the following questions: a. What are the major types of financial institutions that are listed? National Banks, State Member Banks, FDIC-Insured State Nonmember Banks, Non-FDIC- Insured State Banks, Insured Federal Savings Associations, Non-FDIC-Insured State Savings Associations, Federal Credit Unions, State Credit Unions, Bank Holding Companies, Savings Association Holding Companies, Foreign Branches of U.S. National and State Member Banks, Foreign Branches of U.S. Insured State Nonmember Banks, Edge Act Corporations, Agreement Corporations, Federal U.S. Branches and Agencies of Foreign Banks, State U.S. Branches and Agencies of Foreign Banks, b. What does the OCC regulate? The OTS? The NCUA? 1. OCC regulates National Banks, Federal U.S. Branches and Agencies of Foreign Banks
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 4

mandate consistent indicates that it should not be...

This preview shows document pages 1 - 3. Sign up to view the full document.

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