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Money And Banking Quiz 9 (20 MCQs)

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1. Bank that can lend to other banks in times of need, a "bankers' bank" .
2. Which of the following does the Federal Reserve use to regulate the nation's money supply?
3. You have $ 1000 dollars that you want to save. you know that you will not need that money for a year.you want to earn the most interst possible and you want the rate to be guaranteed. Where should you put your money?
4. An institution that receives, lends, borrow, exchange, issues and safeguards money.
5. If you car is said to be worth $ 20, 000, what function of money is being used?
6. When you are an old age pensioner, you have to learn to ..... a very small income.
7. What is a bank's primary source of income?
8. Who appoints members of the Board of Governs.
9. Currency, demand deposits and other checkable deposits are considered .....
10. Which type of tax is levied on the sale of an asset held for 12 months or longer?
11. The amount of money that is borrowed.
12. The central bank can increase the availability of credit by:
13. Marcella puts money into her savings account. Which function of money does this illustrate?
14. Compared to salt, jewels are a better form of money. This is because(1) jewels are more homogeneous.(2) the supply of jewels are more limited.(3) jewels are more durable.
15. To an economist, investment means:
16. A written contract between a borrower and a lender that sets the terms and conditions.
17. Includes less liquid assets:
18. Which of the following is not instrument if monetary policy
19. "The Fed" is short for:
20. What is the price paid for the use of borrowed money.
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