<< Review Test Submission: Quiz 2 >>

Review Test Submission: Quiz 2

•  Question 1

 
 An organization that sells or markets new securities issued by businesses to individuals and institutional investors is called a (n)

   
•  Question 2

 
 The item on the liabilities and equity section of a bank’s balance sheet that represents the largest proportion of a typical bank’s assets is:

   
•  Question 3

 
 During the colonial period in the nation’s history, banks depended on:

   
•  Question 4

 
 The adequacy of capital for commercial banks as measured by regulatory authorities is:

   
•  Question 5

 
 Our system of national banks:
   
•  Question 6

 
 The holding-company device to control two or more commercial banks:
   
•  Question 7

 
 The principal assets of banks do not include:
   
•  Question 8

 
 An organization that sells shares in their firms to individuals and others and invests the proceeds in corporate and government securities is called a (n)
   
•  Question 9

 
 Legislation that provided for the separation of commercial banking and investment banking activities in the United States is called
   
•  Question 10

 
 The likelihood that borrowers are ill and would not be able to make interest and principal payments is an example of:
   
•  Question 11

 
 The dynamic actions of the Federal Reserve System:
   
•  Question 12

 
 The ___________________ conducts monetary policy for the twelve European countries that formed the European Monetary Union and adopted the euro as their common currency at the beginning of 1999.
   
•  Question 13

 
 A central bank serves the nation:
   
•  Question 14

 
 The __________________, passed in 1968, requires the clear explanation of consumer credit costs and garnishment procedures (taking wages or property by legal means) and prohibits overly high-priced credit transactions.
   
•  Question 15

 
 The Federal Open Market Committee:
   
•  Question 16

 
 The Board of Governors:
   
•  Question 17

 
 The Federal Open Market Committee:
   
•  Question 18

 
 ____________________________ prohibits discrimination in the granting of credit on the basis of sex, marital status, race, color, religion, national origin, age, or receipt of public assistance.
   
•  Question 19

 
 The Board of Governors publishes ________________, which carries articles of current interest and offers a convenient source of the statistics compiled by the Fed.
   
•  Question 20

 
 The Truth in Lending Act: