Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There're a total of 12 questions , Please help me with all of them 1.1. https://www.youtube.com/watch?v=AiKZJJUSydc According to Stanley Fischer what it the driving focus

There're a total of 12 questions , Please help me with all of them 1.1. https://www.youtube.com/watch?v=AiKZJJUSydc

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
According to Stanley Fischer what it the driving focus of the FOMC? O helping Congress craft "appropriate" economic legistration O controling inflation O regulate the banking sector O making sure the economy is moving in the "right" direction1What happens to shortterm interest rates when the Fed injects reserves into the banking system 1uria open market operations? -:- fall -:- rise then fall -:- fluctuate -:- chI not change -:- rise 19 Assume that a $1,000 bond issued in 2015 pays $100 in interest each year. What is the current yield on the bond if it can be purchased for $1,200? Enter your answer in percent form and to one decimal place. For example, if your answer is 0.034 (3.4%) then enter 3.4Z l Suppose a banking system 1with the following balance sheet has no excess reserves. 1What is the reserve requirement ratio? Enter your answer in percent form and to one decimal place For example, if your answer is [10311 [3.11%] then enter 3.4 Assets Liabilities [in Billions} [in Billions} Required reserves Transactions accounts ---- D 19 The Federal Reserve holds deposits from: consumers O U.S. Treasury large corporations O banks D 19 The Board of Governors consists of: O 14 members, appointed for 7-year terms 50 members, appointed for 7-year terms O 26 members, appointed for 2-year terms O 7 members, appointed for 14-year termsD MES 15-} Members of the Federal Reserve Board of Governors are appointed for one 14-year term so that they: {:3- Make their decisions based on economic. rather than political. considerations. :- Have time to learn how.r the Fed operates. {:3- Have enough time to travel to all 12 regional banks. (:3 Are more likely to make politically acceptable decisions. D l'il 15} The Federal Open Market Committee includes: (:3 5 of the governors and all of the regional Reserve bank presidents. {:3- All TI" governors and 5 of the regional Reserve bank presidents. (:3 All 12 of the governors and all 3' of the regional Reserve bank presidents. :- 12 of the regional Reserve bank presidents plus the chairman of the Fed. D 193 The current chairman of the Federal Reserve is: O Alan Greenspan O Jerome Powell O Ben Bernanke O Janet Yellen D 19 The Federal Open Market Committee meets: O Every three months O Every week O About 6 times per year O Twice per yearD 19 Use the link below to answer questions 9-10 Federal Reserve Districts (federalreserveeducation.org) Ex Which Federal Reserve bank serves the state of Idaho? O Federal Reserve Bank of Cleveland O Federal Reserve Bank of New York O Federal Reserve Bank of Boston O Federal Reserve Bank of San Francisco D 10 = 10 19 Which Federal Reserve bank serves the state of Tennessee? O Federal Reserve Bank of Dallas O Federal Reserve Bank of Atlanta O Federal Reserve Bank of Kansas City O Federal Reserve Bank of Richmond

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Economy Of Cities

Authors: Jane Jacobs

1st Edition

039470584X, 9780394705842

More Books

Students also viewed these Economics questions