All of the following are examples of state regulations on banks except:
a. the Suffolk System
b. the Safety Fund System
c. required bond deposits with a state authority prior to chartering
d. the Forstall System
a. the Suffolk System
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If foreign holdings of U.S. dollars decrease, holding all else constant,
A) the balance on the U.S. current account will decrease. B) the U.S. balance of trade will decrease. C) the balance on the U.S. financial account will decrease. D) the balance on the U.S. capital account will decrease.
In late 2007 and early 2008, concerns about financial institutions led the Fed to
A) create special lending facilities. B) raise the target for the fed funds rate. C) increase reserve requirements. D) pay interest on bank reserves.
In a closed economy, the goods market is in equilibrium when
A) Y = S + I + G. B) C + S = I + G. C) C + I = S + G. D) Y = C + I + G.
In making decisions about insurance, a crucial piece of information to know is:
A. how easily you can reduce the risk of experiencing the event you're insuring against. B. how many others will likely be affected by the same risk. C. how catastrophic would the event's occurrence be if the event you're insuring against happened. D. when the event you're insuring against is most likely to occur.