Manipulating the nations money supply rate of increase to push the economy toward growth and stable prices is part of ________.

A. Financial engineering B. Re-regulation C. Funds intermediation D. Correspondent banking E. Monetary policy

Which of the following has the most direct impact on monetary policy in the United States?

A. FOMC B. OCC C. FRB bank presidents D. U.S. Congress E. ICBA

A local commercial bank accepts mostly short-term deposits and makes mostly longer-term fixed-rate loans. It will be adversely affected if the Fed ________________.

A. Maintains a stable money supply B. Monetarizes the debt C. Uses repos to inject reserves into the banking system D. Begins a tight-money policy E. Sets a target of higher interest rates