If a commercial bank needs additional money, it can typically take out a loan from:
A. The Federal Reserve Board
B. The Federal Reserve Bank
C. The US Treasury
D. Another bank
E. The Revenue Service
Answer: B. The Federal Reserve Bank
Among other duties, the Federal Reserve Bank also serves as a source of loans to commercial banks in the U.S. They also loan to the federal government and maintain the amount of currency in the U.S. economy.
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Groups recognize that the greatest concern of legislators is to
A. support the principles of their political party. B. be reelected. C. vote for the ideas of the constituents. D. be totally informed on issues they will have to vote on. E. please the congressional leadership.
Over the past three decades, the distance between the political parties in Congress has been growing steadily. As the parties have pulled apart ideologically, they also have become more __________ internally
a. libertarian b. diverse c. collegial d. homogeneous
Which of the following statements about the South African population is TRUE?
a. Roughly speaking, the number of Africans is equal to the combined populations of Whites, Colored, and Indians. b. Whites are the smallest racial group. c. There are roughly as many Coloreds as there are Indians. d. There are roughly as many Indians as there are Whites. e. Africans are the largest racial group.
The Mexican political system's traditional response to important interest groups is generally characterized as
a. pragmatic accommodation. b. patron-clientelism. c. hostile confrontation. d. violent repression. e. cautious cooperation.