Please answer multiple choice questions 13-18.

13. That arrangement in which any balances above a certain amount in a corporation's checking account at the close of the business day is automatically transferred out of the account and invested in overnight repos that pay the corporation interest" best describes: (Points : 3)

a. brokered deposits b.sweep accounts c.securitization d.deposit obfuscation

Question 14.14. Which of the following is not a focus of the CAMELS system? (Points : 3)

a.capital adequacy b.management c.earnings d.asset transformation

Question 15.15. Eurodollars are: (Points : 3)

a.dollar-denominated deposits held in banks outside the U.S. b.the new common currency of the European Union c.deposits held by the U.S. in foreign countries d.deposits held by U.S. banks in Europe e.all the above

Question 16.16. The institution that has responsibility for the amount of money and credit supplied in the economy as a whole is the: (Points : 3)

a.Comptroller of the Currency b.Treasury c.Central bank d.Currency board

Question 17.17. Which of the following is a commercial bank asset? (Points : 3)

a.commercial loans b.customer deposits c.large time deposits d.federal funds transactions (all transactions-bought and sold) e.all of the above would represent commercial bank assets

Question 18.18. Equity contracts (Points : 3)

a.are agreements by the borrowers to pay the lenders fixed dollar amounts at periodic intervals b.arise because of moral hazard problems associated with raising equity capital c.are used more frequently to raise capital than are debt contracts d.are none of the above