Question : 21) The Federal Open Market Committee consists of A) 12 : 1238040

 

21) The Federal Open Market Committee consists of

A) 12 members, all of whom are the presidents of Federal Reserve Banks.

B) 12 members, seven of whom are the members of the Board of Governors, four of whom are presidents of Federal Reserve Banks, and the president of the United States.

C) 12 members, seven of whom are the members of the Board of Governors and five of whom are presidents of Federal Reserve Banks.

D) 12 committees, all serving on the Board of Governors.

E) 12 members, split evenly so that six of whom are members of the Board of Governors and six of whom are presidents of Federal Reserve Banks.

22) In order to influence the interest rate, the Federal Reserve System can immediately adjust the

A) reserves of the banking system.

B) inflation level.

C) unemployment rate.

D) taxes that citizens must pay.

E) amount the government borrows.

23) The four main policy tools the Federal Reserve System uses to influence the interest rate are setting

A) the prime rate, open market operations, extraordinary crisis management and setting the excess reserve ratio.

B) quantitative easing, market interest rate and the discount rate, as well as open market operations.

C) the discount rate, open market operations, extraordinary crisis measures and setting the required reserve ratio.

D) credit easing, the discount rate, setting tax rates, and setting the required reserve ratio.

E) quantitative easing, open market operations, setting tax rates, and setting the required reserve ratio.

24) Which of the following is NOT one of the Fed’s monetary policy tools?

A) changing the discount rate

B) conducting open market purchases of government securities

C) changing the coupon rate

D) changing the required reserve ratio

E) conducting open market sales of government securities

25) Which of the following is a tool the Federal Reserve System can use to regulate the quantity of money?

i.changing the discount rate

ii.conducting open market operations

iii.changing the required reserve ratio

A) i only

B) ii only

C) ii and iii

D) i and ii

E) i, ii, and iii

26) Which of the following is a policy tool of the Fed?

i.setting the required reserve ratios

ii.conducting open market operations

iii.quantitative easing

A) i only

B) ii only

C) iii only

D) Both i and ii

E) i, ii, and iii

27) The Fed influences the interest rate by using which of the following tools?

i.open market operations

ii.taxes on bank accounts

iii.changes in required reserve ratios

A) i only

B) ii only

C) iii only

D) Both i and iii

E) i, ii and iii

28) Which of the following are policy tools used by the Federal Reserve?

i.the federal personal income tax

ii.open market operations

iii.changing the required reserve ratio

A) i only

B) ii only

C) iii only

D) ii and iii

E) i, ii, and iii

29) Which of the following is a tool the Fed uses to adjust the quantity of money?

i.The Fed can change the interest rate banks charge for loans to their prime customers.

ii.The Fed can change the discount rate on loans to banks.

iii.The Fed can buy or sell government securities.

A) i only

B) ii only

C) iii only

D) i and iii

E) ii and iii

30) Required reserve ratios are the minimum amount of

A) deposits any one bank is allowed to accept as percentage of its capital.

B) reserves any one bank must hold as a percentage of its loans.

C) reserves any one bank must hold as a percentage of its deposits.

D) deposits any one bank must hold as a percentage of its reserves.

E) reserves any one bank must hold as a percentage of its total assets.

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more