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11. Which one is a component of Mi? A. Gold B. Bitcoin C. Bonds D. Currency 12. True or False: The Federal Reserve's largest regional
11. Which one is a component of Mi? A. Gold B. Bitcoin C. Bonds D. Currency 12. True or False: The Federal Reserve's largest regional bank is the "Chicago Fed where much of the Federal Reserve's gold is stored at F A. True B. False 13. Which two financial institutions together are permitted by the Federal Reserve to take demand deposits from the public? A. Finance companies and credit unions B. Brokerage firms and insurance companies C. Banks and credit unions D. Brokerage firms and banks 14. Which one of the methods below is not a tool which the Fed uses to manage the money supply? A. Changing the discount rate it charges banks to borrow from it B. Changing the bank reserve tax rate C. Changing the bank reserve requirements D. "Quantitative easing"- buying bonds to add money to the banking system 15. The Federal Reserve does not do which of the following A. Approve the treasury budget B. Supervises banks C. Regulates credit D. Processes checks
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