A. A division of the U.S. Treasury Department B. The central banking system for the United States C. Economic policy advisors to the president D. The hottest techno-rave music act on the circuit
A. The Board of Governors of the Federal Reserve B. The U.S. Treasury Department C. The Federal Deposit Insurance Corp. (FDIC) D. Congress.
A. Five B. Seven C. Eleven D. Twelve
A. Are elected by member banks for four-year terms B. Are appointed by Congress for 12-year terms C. Are appointed by the President for 14-year terms D. Are appointed by federal judges for six-year terms
A. Deliver new Federal Reserve notes to banks B. Issue directions to sell government securities C. Issue directions to buy government securities D. Raise the discount rate to member banks
A. When bond prices rise, interest rates rise B. When bond prices fall, interest rates rise C. When interest rates rise, bond prices rise D. None of the above
A. Changing the discount rate B. Open market operations C. Changing the required reserve ratio D. Will power
A. The money supply to rise and bond prices to go up B. The money supply to fall and bond prices to go up C. The money supply to rise and bond prices to fall D. The money supply to fall and bond prices to fall
A. Increase spending and decrease the money supply B. Decrease spending and increase the money supply C. Decrease both spending and the money supply D. Increase both spending and the money supply
A. Two B. Four C. Six D. Eight
