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- Why was the Federal Reserve System set up withtwelve regional Federal Reserve banks rather than onecentral bank, as done in other countries?The First Bank nf the United States had characteristics that ditfer from those of the modern central barik of the United States Which of the following is one such characteristic of the First Bank of the United States? O The First Bank of the United States was issued an indefinite charter. O The First Bank of the United States was partially owned by foreign investors O The First Bank of the United States featured little cormuption. O The First Bank of the United Stafes printed al of the nation's currencyWhich government body is primarily responsible for regulating banks and ensuring the health of the banking system? O a. The Federal Reserve Board O b. Federal Deposit Insurance Corporation Oc. The regional Federal Reserve Banks O d. The U.S. Treasury
- Which of the current parts of the Federal Reserve System was not a part of the Federal Reserve Act of 1913? O a. State chartered banks who choose to be members of the System O b. Nationally chartered banks Oc. Reserve Banks Od. Board of GovernorsWhich of the following is considered a liability to a bank? Lütfen birini seçin: O A. the bank's loans O B. government securities O C. reserves O D. the bank's buildings and equipment O E. demand depositsThe Bank of Canada is owned by the federal government. O a. True Ob. False
- What is the role of a commercial bank? O a. To create money through the banking system O b. To maximize profits for its shareholders O c. To take customers' deposits and make loans O d. All of the answers are correctlling MOST of the financial funds in USA. The following are true general statements about Financial Instruments and Trading Markets, EXCEPT: Stocks are considered more risky type of investmet than Bonds. O Stock holders are residual claimants. Stocks are only traded in the Primary Markets. In the Secondary Markets securities are continuously resold.Which of the following is not an advantage of Foreign Banks? O a. Heightened profit volatility O b. Less political volatility O c. Increased efficiency O d. Lower interest rates offered to the public
