3. The Federal Reserve's organization There are members of the Federal Reserve Board of Governors. The Federal Reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? U.S. state governments when they run short on tax revenues. O Governments in developing countries during currency crises OU.S. banks that cannot borrow elsewhere

I'd like help on b,c,d

“Money not backed by gold or silver is worthless paper and is a fraud committed against the people of the United States.” Critically evaluate this statement.

no handwritten notes!

How does the stock market fit in the concept of banking? Is it a bank? Or stocks a form of money?

Some of the key functions of banks include:I. Ensuring that customers have confidence in the bank's ability to keep their money safe.II. Facilitating access to bank funds at reasonable, market-based interest rates.III. Mediating between the short-term needs of savers and the long-term needs of borrowers.IV. Facilitating the quick and easy sale of demand deposits.V. Reducing information asymmetry between lenders and borrowers.VI. Facilitating investment in high return, liquid assets. Question 19Answer a. II, III, V and VI only. b. I, II, III, V and VI only. c. I, II, III, and IV only d. I and II only

The table shows the commercial banks' balance sheet (aggregated over all the banks). The commercial banks' desired reserve ratio on all deposits is 10 percent and there is no currency drain. Calculate the bank's excess reserves. >>> Answer to 2 decimal places. The banks' excess reserves are $11 million. If the banks use all of these excess reserves to make loans, what is the quantity of loans? The quantity of loans will be $11 million. If the banks use all of the excess reserves to make loans, what is the quantity of total deposits immediately after the banks have made the loans? The quantity of total deposits immediately after the banks have made the loans is $ ☐ million. Assets Liabilities (millions of dollars) Reserves at the Fed 25 Checkable deposits 120 Cash in vault Securities Loans 5 Savings deposits 70 40 120

But which event will increase the quantity of deposits the banking system can create? A. An increase in the monetary base B. An increase in the currency drain C. An increase in the desired reserves by banks

Are near money's highly liquid financial assets or many financial asset?

1. Which of these is a basic goal of the Federal Reserve System?   a. export promotion   b. zero interest rates   c. a balanced federal budget   d. full employment