1.The Federal Reserve arranged for JPMorgan Chase & Co. to _________ Bear Stearns during the financial crisis in XXXXXXXXXXRelated to Application 4 on pages 312–313.) 2. The Federal Reserve helps...

1.The Federal Reserve arranged for JPMorgan Chase & Co. to _________ Bear Stearns during the financial crisis in 2008. (Related to Application 4 on pages 312–313.)

2. The Federal Reserve helps finance the deficit of the U.S. government by _________ (creating/reducing) money.

3. A stress test for banks is a method to determine if bank buildings are strong enough to withstand a major earthquake. _________ (True/False) (Related to Application 3 on page 312.)