Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Banking Section Test 2
Test Description: 2nd review test for Banking section
Instructions: Answer all questions to get your test result.
1) What did the Glass-Steagall Act establish?
A
bailouts
B
open market operation
C
FDIC
D
discount rate
2) A loan given to financial institutions or businesses on the verge of closing is called a
A
bailout
B
FOMC
C
RRR
D
bank run
3) Two main sources of income for the FDIC are
A
premium payments by insured banks and investments in US Treasury bonds
B
premium payments by insured banks and bailouts
C
premium payments by insured banks and discount rates
D
premium payments by insured banks and FDIC
4) The Dodd-Frank Wall Street Reform and Consumer Protection Act of July 2010 made $____ the permanent amount insured by the FDIC.
A
$200,000
B
$100,000
C
$250,000
D
$150,000
5) What is disposable income?
A
all income-taxes
B
all payments-inflation
C
all taxes-income
D
all inflation-payments
6) Slow economic growth is called
A
bank run
B
expansionary
C
bailout
D
inflation
7) Which of the following is NOT a tool used by the government to affect aggregate spending?
A
transfer payments
B
disposable income
C
government purchases
D
taxes
8) Loans given to people who do not meet the requirements needed for the loan are called
A
bailout loans
B
prime loans
C
transfer loans
D
subprime loans
9) ____ are payments made by the government to households that provide neither goods/services to the government.
A
subprime payments
B
prime payments
C
bailout payments
D
transfer payments
10) What type of policy would the government use to overcome a recession?
A
fiscal policy
B
contractionary monetary policy
C
expansionary monetary policy
D
none of these
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?