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solve the foll please help 34.Before the Financial Crisis of 2007-2008, financial institutions used repurchase agreements to fund subprime mortgages. Essentially, they were funding longer-term

solve the foll

please help

34.Before the Financial Crisis of 2007-2008, financial institutions used repurchase agreements to fund subprime mortgages. Essentially, they were funding longer-term assets with short term uses of funds. However, during the summer of 2007, these institutions were unable to roll over maturity repurchase agreements, thus, freezing their sources of funds. This is an example of ___________.

Group of answer choices

a.liquidity risk

b.operational risk

c.credit risk

d.operational risk

35 .In August 2019, Apple unveiled its new credit card - Apple Card - which was created through a partnership between Apple and Goldman Sachs. Shortly after launch, New York State regulators announced they would investigate Apple Card on the basis of gender discrimination after reports surfaced that husbands and wives were extended substantially different credit terms despite filing joint returns, living in community-property states, and begin married for 15+ years.

If in response to these gender discrimination allegations, current customers began to cancel outstanding cards and/or potential consumers showed little interest in obtaining an Apple Card, this would be an example of _____________

Group of answer choices

a.technological risk

b.social risk

c.operational risk

d.credit risk

36. Last week the computer system at XYZ Financial, a larger broker/dealer, experienced a computer glitch, which added a zero to the share quantity of all sell orders. For example, if a client requested to sell 100 shares of Apple stock, the order was place for 1,000 shares instead. This is an example of _____________________

Group of answer choices

a.operational risk

b.technological risk

c.stupidity risk

d.liquidity risk

37.An open market purchase shifts the

Group of answer choices

a.supply curve for reserves to the right and causes the federal funds rate to fall.

b.demand curve for reserves to the right and causes the federal funds rate to rise.

c.supply curve for reserves to the left and causes the federal funds rate to rise.

d.supply curve for Treasury securities to the right and causes the federal funds rate to rise.

38.When a bank repays a discount loan to the Fed, there is a(n) ________ in reserves in the banking system and a(n) ________ in the monetary base.

Group of answer choices

a.decrease; decrease

b.decrease; increase

c.increase; decrease

d.increase; increase

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

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