Q25) TheM2money supplyconsists of M1 + Savings accounts + Money Market Accounts + Bank CDs.

• True Or False

Q26) What does the term "monetize" mean when speaking about monetary policy?

A) The Fed will lend money directly to coporations and big brokerage houses.

B) The Fed will start to buy gold to boost the value of the U.S. dollar.

C) This means the Fed is printing up all the money that the U.S. Congress needs.

D) None of the above.

Q31) Who are the "primary dealers" that work with the U.S. Federal Reserve Bank? (Free Gift: Answer is the 23 large financial instiutions located in New York that deal with the Fed).

A) The primary dealers are the other central banks around the world like the European Central Bank and the Bank of Japan.

B) The primary dealers are enemies of the Federal Reserve Bank. They are the deep operatives from Russia, Iran, North Korea, and others who are trying to damage U.S. financial markets, the value of the U.S. dollar in overseas markets, and the general reputation of the United States. The Office of Terrorism and Financial Intelligence are fighting these entities on a daily basis.

C) The primary dealers are 23 large financial institutions that trade with the New York Federal Reserve trading desk and they are the ones who buy and sell bonds from the Fed.

D) None of the above.