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: