Question
9. Which of the following are part of the Fed's effort to provide a safe, secure and efficient payment system? (select all that applies) A.
9. Which of the following are part of the Fed's effort to provide a safe, secure and efficient payment system? (select all that applies)
A. Fedwire, which moves funds rapidly between banks
B. clearning of credit card transactions
C. placement into circulation of Federal Reserve Notes and coins
D. printing currency and minting coins
10. Which of the following organizations are regulated by the Federal Reserve? (select all that applies)
A. Member banks of the Federal Reserve System
B. Savings and Loan Holding Companies
C. Credit unions
D. U.S. branches of foreign banks
11. Which of the following explains the Fed's regulation of the banking industry? (select all that applies)
A. Risky behavior of banks places the savings of bank customers at risk
B. No other governmental agency was assigned responsibility for the regulation of the banking system
C. Bank panics can destabilize the economy.
D. Banks act as fiscal agents for the U.S. Treasury
12. Which of the following former chairs of the Federal Reserve Board of Governors appear in the videos included in the folder?
A. Jerome Powell
B. Janet Yellen
C. Ben Bernanke
D. Alan Greenspan
13. The current chairperson of the Federal Reserve Board of Governors is _________
14. After taking the Federal Reserve History quiz from the online reading, what was the most surprising thing you learned? Explain your choice.
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