How does bankruptcy affect interest rates on loans and credit cards
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Definition1/17
It cause interest rates to rise.
🔄 Click to see term
Term1/17
How long does it take for a check to clear
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Definition1/17
It generally takes 2-3 days from the time the check is deposited
until the time it clears. This can vary from bank to bank.
🔄 Click to see term
Term1/17
What problem does tight money policy combat
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Definition1/17
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.)
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Term1/17
What is an agricultural marketing cooperative that helps members sell their products
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Definition1/17
producer cooperative.
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Term1/17
What is a nonprofit organization that promotes the interests of a particular industry
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Definition1/17
A Trade association.
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Term1/17
How many directors are on the Boards for each of the 12 Federal Reserve Banks
🔄 Click to see definition
Definition1/17
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
Term1/17
What is the function of a bank examiner
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Definition1/17
to make sure the banks are obeying laws and regulations
🔄 Click to see term
Term1/17
What is the invisible barrier that exists when highly skilled women are continually denied promotions to high level positions in an industry dominated by men
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Definition1/17
glass ceiling.
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Term1/17
The money multiplier formula shows the effects of
🔄 Click to see definition
Definition1/17
The money multiplier formula shows the effects of the Federal
Reserve discount rate. It does not show a money supply or low
interest rates on creditors over a period of time.
🔄 Click to see term
Term1/17
What change in monetary policy could eventually cause overborrowing and overinvestment
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Definition1/17
a decrease in the money supply
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Term1/17
What is it called when banks record which account gives up mpney and which account receives money when a customer writes a check
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Definition1/17
Check Clearing
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Term1/17
What is the abbreviation for the research arm of the federal reserve
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Definition1/17
FAC (Federal Advisory Councel)
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Term1/17
What is an unofficial workplace barrier that keeps women from advancing
🔄 Click to see definition
Definition1/17
glass ceiling
🔄 Click to see term
Term1/17
How do you change federal funds rate
🔄 Click to see definition
Definition1/17
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
Term1/17
What is porperty owned by individuals or companies not by the government or the people called
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Definition1/17
Private Property
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Term1/17
What is considered an act of treason against the United States
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Definition1/17
giving aid to the enemies of the United States
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Term1/17
Who founded the American Federation of Labor (AFL) in 1886
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Definition1/17
Samuel Gompers founded the AFL (American Federation of
Labor)
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Cards in this guide (17)
How does bankruptcy affect interest rates on loans and credit cards
It cause interest rates to rise.
How long does it take for a check to clear
It generally takes 2-3 days from the time the check is deposited
until the time it clears. This can vary from bank to bank.
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.)
What is an agricultural marketing cooperative that helps members sell their products
producer cooperative.
What is a nonprofit organization that promotes the interests of a particular industry
A Trade association.
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
What is the invisible barrier that exists when highly skilled women are continually denied promotions to high level positions in an industry dominated by men
glass ceiling.
The money multiplier formula shows the effects of
The money multiplier formula shows the effects of the Federal
Reserve discount rate. It does not show a money supply or low
interest rates on creditors over a period of time.
What change in monetary policy could eventually cause overborrowing and overinvestment
a decrease in the money supply
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)
What is an unofficial workplace barrier that keeps women from advancing
glass ceiling
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 is porperty owned by individuals or companies not by the government or the people called
Private Property
What is considered an act of treason against the United States
giving aid to the enemies of the United States
Who founded the American Federation of Labor (AFL) in 1886
Samuel Gompers founded the AFL (American Federation of
Labor)