Module 65-65 FED And FDIC Question Preview (ID: 32523)


Module 65-65 FED And FDIC. TEACHERS: click here for quick copy question ID numbers.

The FDIC Insures which of the following products
a) Mutual Funds
b) Stocks
c) Real-estate
d) Bank savings products - CD,Savings Acct, Checking acct.

Banks use savings account deposits to:
a) stimulate the economy by encouraging spending or borrowi
b) living on fixed incomes
c) Give loans to consumers and businesses
d) Open market operations

The APR /interest rate of a loan is considered the
a) Open market operations
b) Fed Fund rate - Interest rate the Fed charges banks
c) Bank deposit
d) True Cost of Credit

9. Most economists agree that the economy performs well when inflation is_______________. As a result, low inflation is a long-term goal of the Fed
a) LOW AND STABLE
b) Open market operations
c) in deflation when prices go down
d) Secure Loan

What is the formula for Net-Worth .
a) Assets + Liabilities = Net Worth
b) stimulate the economy by encouraging spending or borrowing
c) An inflation rate that remains steady at 2 percent
d) Assets-Liabilities = Newtorth

A rising rate of inflation is most difficult for people who are
a) Give loans to consumers and businesses
b) living on fixed incomes
c) FINANCIAL,MONETARY ,SUPERVISING
d) LOW AND STABLE

when the FED lowers the interest rate, it is trying to
a) stimulate the economy by encouraging spending or borrowing
b) TWELVE
c) Barter
d) IDK

The Federal Reserve bank is often called the ____________ bank.
a) Uncle Sam
b) Piggy bank
c) BANKERS
d) Sec

If I make 40,000 a year and have assets of 100,000 and Liabilities of 20,000 what is my Net-Worth
a) 50,000
b) LOW AND STABLE Y
c) 80,000
d) 250,000

When calculating the Annual Percentage Rate, it is important to consider
a) interest charge
b) amount of loan
c) term
d) All of the above

Which is the least secure method of signing /endorsing a check.
a) blank endorsement
b) restrictive endorsement
c) special endorsement
d) Cash

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