In an inflationary period, as prices go up, money gains value because it can buy more.Question 1 options:TrueFalseSaveQuestion 2 (1 point) The Federal Reserve is responsible for regulating the U.S. banking industry.Question 2 options:TrueFalseSaveQuestion 3 (1 point) Commercial paper is a short-term promissory note issued by large corporations.Question 3 options:TrueFalseSaveQuestion 4 (1 point)When the Fed increases the reserve requirement, banks have more money available for lending.Question 4 options:TrueFalseSaveQuestion 5 (1 point) When the Fed lowers the discount rate, it is more difficult and more expensive for banks to obtain money.Question 5 options:TrueFalseSaveQuestion 6 (1 point) Using the current margin requirement, investors can purchase more stock than they could afford to purchase if they used their available cash.Question 6 options:TrueFalseSaveQuestion 7 (1 point) Credit unions generally pay higher interest to depositors while providing loans at lower cost than commercial banks.Question 7 options:TrueFalseSaveQuestion 8 (1 point) A certificate of deposit is similar to a savings account except that the bank agrees to pay the depositor a guaranteed interest rate for money left on deposit for a specified period of time.Question 8 options:TrueFalseSaveQuestion 9 (1 point) Collateral is real estate, stocks, bonds, equipment, or any other asset of value pledged as security for a loan.Question 9 options:TrueFalseSaveQuestion 10 (1 point) Collateral is more common with long-term loans than with short-term loans.Question 10 options:TrueFalse
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