Money Banking and the Financial System 3E - Hubbard - TB chapter 13

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1、Money,Banking,andtheFinancialSystem,3e(Hubbard/O'Brien)Chapter13TheFederalReserveandCentralBanking13.1TheStructureoftheFederalReserveSystem1)ThechairoftheFederalReserveisA)chosenbythemembersoftheBoardofGovernors.B)chosenbythepresident.C)electedbyCongress.D)theTreasurySecreta

2、ry.Answer:BDiff:1PageRef:437Topic:structureoftheFedObjective:ExplainwhytheFederalReserveSystemisstructuredthewayitis*:RecurringAACSB:ReflectiveThinking2)TheregionalFederalReserveBanksareownedbyA)thefederalgovernment.B)theFederalReserveSystem.C)thestategovernmentscoveredbyeac

3、hbank'sregion.D)privatebankswhicharepartoftheFederalReserveSystemineachregion.Answer:DDiff:1PageRef:429-430Topic:structureoftheFedSpecialFeature:ChapterOpener:WellsFargoOwnsPartoftheFed.DoesItMatter?Objective:ExplainwhytheFederalReserveSystemisstructuredthewayitisAACSB:Refle

4、ctiveThinking3)PrivatebanksineachregionwhicharepartoftheFederalReserveSystemelectA)2membersoftheregionalReserveBank'sboardofdirectors.B)3membersoftheregionalReserveBank'sboardofdirectors.C)6membersoftheregionalReserveBank'sboardofdirectors.D)thepresidentoftheregionalReserveB

5、ank'sboardofdirectors.Answer:CDiff:1PageRef:429-430Topic:structureoftheFedSpecialFeature:ChapterOpener:WellsFargoOwnsPartoftheFed.DoesItMatter?Objective:ExplainwhytheFederalReserveSystemisstructuredthewayitisAACSB:ReflectiveThinking35Copyright©2018PearsonEducation,Inc.4)Whoo

6、rganizedtheBankoftheUnitedStates?A)AlexanderHamiltonB)GeorgeWashingtonC)AndrewJacksonD)WoodrowWilsonAnswer:ADiff:1PageRef:431Topic:structureoftheFedObjective:ExplainwhytheFederalReserveSystemisstructuredthewayitis*:RecurringAACSB:ReflectiveThinking5)Whichgroupswereopposedtot

7、heBankoftheUnitedStates?A)northeasternindustrialinterestsB)northeasternfinancialinterestsC)southernandwesternagrarianandsmall-businessinterestsD)exportersAnswer:CDiff:2PageRef:431Topic:structureoftheFedObjective:ExplainwhytheFederalReserveSystemisstructuredthewayitis*:Recurr

8、ingAACSB:ReflectiveThinking6)WhichpresidentfailedtorenewthecharteroftheSeco