Question
solve foll tasks Question 39 Which of the following is an element of the Federal Reserve System? Group of answer choices a.The Board of Governors
solve foll tasks
Question 39 Which of the following is an element of the Federal Reserve System?
Group of answer choices
a.The Board of Governors
b.The Secretary of the Treasury
c. The FDIC
d.More than one is correct
40 The Federal Reserve entity that determines monetary policy strategy is the
Group of answer choices
a.Federal Open Market Committee
b.Board of Governors
c.Federal Advisory Council
d.Federal Reserve Banks
41.Each Fed bank president attends FOMC meetings; although only ________ Fed bank presidents vote on policy, all ________ provide input.
Group of answer choices
a.five; twelve
b.three; twelve
c.five; eleven
d.three; eleven
42.The Fed is a major regulatory body for commercial banks who are members of the Federal Reserve System. Which of the following is not a regulatory activity of the Fed?
Conduct bank examinations and inspections
Monitor bank activities for excessive risk-taking or violations of federal laws
Provide bank deposit insurance
.Approve bank mergers and acquisitions
Group of answer choices
a.I, II, and IV
b.I, II, III, and IV
c.I and IV
d.I, III, and IV
43.Consider the following, the Fed is targeting interest rates and the Fed Funds rate is the current equilibrium rate. What would be the appropriate policy response if there is a subsequent increase in money demand?
Group of answer choices
a.buy US Treasury and/or agency securities from government dealers
b.increase reserve requirements
c.increase the discount rate
d.increase government spending
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