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- 1. Methods used by central bank to control money supply in the economyWhich of the following is true about banks? Select one: a. The interest rate banks charge when they lend is the same they pay for the deposits they receive. b. Banks are financial institutions through which savers can directly provide funds to borrowers. c. Typically, banks receive few but big deposits, which they then use to make many small loans. d. Through the checking accounts they facilitate, banks provide a medium of exchange.1.Give three examples of well-run central banks. Why do you consider them well-run? 2. Give three examples of poorly run central banks. What don’t you like about them?
- Which of the following factors pose a limit on the ability of commercial banks to increase the quantity of money in circulation by extending new loans? Select one or more: a. the quantity of Central Bank reserves that they own b. the quantity of money that savers lent to them by opening deposits c. the behavior of households and firms, which reduce the quantity of money in circulation by repaying previous loans. d. the availability of profitable lending opportunities in the economy e. the willingness of household and firms to take up new debts at the given interest ratea. The independence of central banks is desirable, discuss the advantages and disadvantages of this independence.11. _______________ is responsible for serving individual and business organizations in terms of mobilizing funds. a. International monetary fund b. Financial system c. None of the options d. Global money exchanges
- When banks have deposits in checking accounts with the Fed, these deposits for the bank are __________________ of the commercial bank a. Liabilities b. Assets c. Net Worth d. Equity24. Which of these consumer activities is most influenced by the Federal Reserve? E. applying for a home mortgage G. purchasing discount airline tickets H. using doctor-prescribed medications J. reading nutritional labels on foodsTopic: Banks and the Economy For an economy to thrive, there must be a strong banking system. If the banks fail and must be bailed out, it will have an effect on the economy. If people lose faith in the safety and security of financial institutions, what will happen to the U.S. economy? Please use at least 100 words in your response.