41. Money-center banks finance their lending primarily through: Chapter 8-Review Questions borrowing from other banks. A) taking deposits. borrowing from the Federal Reserve System. D) All of the answers are correct. 42. The country with the largest number of banks is: Japa A) B) China. the United States. Germany D) 43. Which of the following act, forbade banks to operate in more than one state? A) the Federal Reserve acts (1913) B) the McFadden Act (1927) C) the Glass-Steagall Act (1933) the Riegle-Neal Act (1994) 44. The foreign city with the most U.S. banks is: A) Lond Frankfurt. B) Beijing. D C) Tokyo. 45. Which of the following statements about regional and superregional banks is true? A) There are around 3500 regional and superregional banks in the United States. B) A superregional bank operates across most of the United States Their assets are valued They conduct businesses only in the state in which they are chartered. below $500 million. C) D) while many subprime mortgages were offered with 46. Traditional mortgages require high interest rae: zero down." no down payment; "zero down. low interest rates; substantial down payment. tes. B) C) D) 47. Because of the McFadden Act, each state had its own: kind of money. real estate supervision. rules regulating stock exchanges. banking industry A) B) D) 48. Banks that are considered too big to fail: could disrupt the entire financial system if allowed to fail. A) have no links with other financial institutions. B) are usually small community banks usually have assets of less than $1 billion. 49, Which of the following statements about thrifts institutions is true? savings institutions. Thrifts are divided i A) Assets of a typical thrift exceed S1 hillion B Thrifts specialize in underwriting securities. Thrifts specialize in trading currencies. D) 50. The result of the populists' belief that risky bank behavior helped cause the Great Depression was the: A) B) Sarbanes-Oxley Act First Bank of the United States. Sherman Antitrust Act. Glass-Steagall Act C D) a0 EacaEaaoa