Computers, telephones, internet, and other office technology but
they probably also use cars, planes and household technologies
🔄 Click to see term
Term1/19
What problem does tight money policy combat
🔄 Click to see definition
Definition1/19
tight money policy combats inflation (when to much money is out
in circulation the Fed limits the amount of money that is in
Circulation known as the tight money policy.)
🔄 Click to see term
Term1/19
How well did the Federal Reserve Banks perform during the Great Depression
🔄 Click to see definition
Definition1/19
The federalreservebanks did wellduring the depression due to regulations. The bank ended the depression
🔄 Click to see term
Term1/19
Which of the following tools is an example of monetary policy
🔄 Click to see definition
Definition1/19
the government restricts the amount of money that banks can
lend.
🔄 Click to see term
Term1/19
How many directors are on the Boards for each of the 12 Federal Reserve Banks
🔄 Click to see definition
Definition1/19
Each of the 12 Reserve Banks is subject to the supervision of a
ninemember board of directors (board). Six of the directors are
elected by the member banks of the respective Federal Reserve
District (District), and three of the directors are appointed by
the Board of Governors. Most Reserve Banks have at least one
Branch, and each Branch has its own board of directors. A majority
of the directors on a Branch board are appointed by the Reserve
Bank, and the remaining Branch directors are appointed by the Board
of Governors.
🔄 Click to see term
Term1/19
What is the function of a bank examiner
🔄 Click to see definition
Definition1/19
to make sure the banks are obeying laws and regulations
🔄 Click to see term
Term1/19
In the United States what does the general level of a family's income have to do with the amount of cash the family is likely to hold
🔄 Click to see definition
Definition1/19
In America, it is accepted that the more money someone makes,
the more they should have in savings or invested. This may not
always be the case, but it is believed to be.
🔄 Click to see term
Term1/19
What changes were made to the Federal Reserve system in 1935
🔄 Click to see definition
Definition1/19
The federal reserve system was given more centralized power
🔄 Click to see term
Term1/19
What terms relates to money and banking
🔄 Click to see definition
Definition1/19
monetary policy monetary policy
A+
🔄 Click to see term
Term1/19
What change in monetary policy could eventually cause overborrowing and overinvestment
🔄 Click to see definition
Definition1/19
a decrease in the money supply
🔄 Click to see term
Term1/19
Why is the monetary policy administered by the federal reserve the principal method of softening the effects of the business cycle
🔄 Click to see definition
Definition1/19
Because there are more political complications with determining
and implementing fiscal policy.
🔄 Click to see term
Term1/19
What is it called when banks record which account gives up mpney and which account receives money when a customer writes a check
🔄 Click to see definition
Definition1/19
Check Clearing
🔄 Click to see term
Term1/19
What is the abbreviation for the research arm of the federal reserve
🔄 Click to see definition
Definition1/19
FAC (Federal Advisory Councel)
🔄 Click to see term
Term1/19
How do you change federal funds rate
🔄 Click to see definition
Definition1/19
The federal funds rate is the interest rate banks charge on
loans in the federal funds market. The federal funds rate is not
set administratively by the Fed. Instead, the rate is determined by
the supply of reserves relative to the demand for them.
🔄 Click to see term
Term1/19
What does a fractional reserve banking system mean
🔄 Click to see definition
Definition1/19
ensures growth in the economy
🔄 Click to see term
Term1/19
Truth in lending laws require
🔄 Click to see definition
Definition1/19
sellers provide full and accurate information about loan terms
🔄 Click to see term
Term1/19
What is the federal reserve best known for
🔄 Click to see definition
Definition1/19
For regulating the nations money supply
🔄 Click to see term
Term1/19
In The Recent Past The Federal Reserve Has Set The Discount Rate
🔄 Click to see definition
Definition1/19
above the federal funds rate
🔄 Click to see term
Term1/19
If the Fed were to impose a slight increase in the required reserves ratio there would be .
🔄 Click to see definition
Definition1/19
If the Fed were to impose a slight increase in the required
reserves ratio, there would be _____.
🔄 Click to see term
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Cards in this guide (19)
What technology do lawyers use
Computers, telephones, internet, and other office technology but
they probably also use cars, planes and household technologies
What problem does tight money policy combat
tight money policy combats inflation (when to much money is out
in circulation the Fed limits the amount of money that is in
Circulation known as the tight money policy.)
How well did the Federal Reserve Banks perform during the Great Depression
The federalreservebanks did wellduring the depression due to regulations. The bank ended the depression
Which of the following tools is an example of monetary policy
the government restricts the amount of money that banks can
lend.
How many directors are on the Boards for each of the 12 Federal Reserve Banks
Each of the 12 Reserve Banks is subject to the supervision of a
ninemember board of directors (board). Six of the directors are
elected by the member banks of the respective Federal Reserve
District (District), and three of the directors are appointed by
the Board of Governors. Most Reserve Banks have at least one
Branch, and each Branch has its own board of directors. A majority
of the directors on a Branch board are appointed by the Reserve
Bank, and the remaining Branch directors are appointed by the Board
of Governors.
What is the function of a bank examiner
to make sure the banks are obeying laws and regulations
In the United States what does the general level of a family's income have to do with the amount of cash the family is likely to hold
In America, it is accepted that the more money someone makes,
the more they should have in savings or invested. This may not
always be the case, but it is believed to be.
What changes were made to the Federal Reserve system in 1935
The federal reserve system was given more centralized power
What terms relates to money and banking
monetary policy monetary policy
A+
What change in monetary policy could eventually cause overborrowing and overinvestment
a decrease in the money supply
Why is the monetary policy administered by the federal reserve the principal method of softening the effects of the business cycle
Because there are more political complications with determining
and implementing fiscal policy.
What is it called when banks record which account gives up mpney and which account receives money when a customer writes a check
Check Clearing
What is the abbreviation for the research arm of the federal reserve
FAC (Federal Advisory Councel)
How do you change federal funds rate
The federal funds rate is the interest rate banks charge on
loans in the federal funds market. The federal funds rate is not
set administratively by the Fed. Instead, the rate is determined by
the supply of reserves relative to the demand for them.
What does a fractional reserve banking system mean
ensures growth in the economy
Truth in lending laws require
sellers provide full and accurate information about loan terms
What is the federal reserve best known for
For regulating the nations money supply
In The Recent Past The Federal Reserve Has Set The Discount Rate
above the federal funds rate
If the Fed were to impose a slight increase in the required reserves ratio there would be .
If the Fed were to impose a slight increase in the required
reserves ratio, there would be _____.