Multiple Choice
In late 2008,the US Treasury Department began
A) Closing banks that were not following regulations
B) To implement the Troubled Asset Relief Program (TARP)
C) Raising interest rates to stimulate the economy
D) Engaging in open market operations
E) To implement the opening of a new Bank of the United States
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The most important function of money is
Q3: The main purpose of the Fed is
Q4: Investment banks<br>A)Make loans to individual households to
Q5: Prior to the enactment of the Monetary
Q6: The equation of exchange is<br>A)MP = QV<br>B)MV
Q8: Residential real estate is generally considered to
Q9: A mortgage backed security is<br>A)A share of
Q10: During inflationary periods,the Federal Reserve should lower
Q11: Because of recent changes in the regulatory
Q12: The money supply consists primarily of gold,silver,and