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ECO 316 Version 1 Week 3 Chapter 18 Changes in the Monetary Base Quiz
Download answer at https://www.examtutorials.com/course/eco-316-version-1-week-3-chapter-18-changes-in-the-monetary-base-quiz/
Chapter 18 Changes in the Monetary Base18.1 Multiple Choice Questions1) In April 2006, about how much in securities did the Federal Reserve hold?A) $786 millionB) $7.86 billionC) $786 billionD) $786 trillion2) In April 2006, discount loans by the Fed amounted to aboutA) $0.1 billion.B) $1 billion.C) $10 billion.D) $100 billion.3) The Fed's largest asset isA) reserves of member banks.B) reserves of nonmember banks.C) securities.D) loans to banks.4) How does the Fed acquire its holdings of securities?A) Through open market operationsB) As a result of defaults by banks on discount loansC) As contributions by the U.S. Treasury aimed at enabling the Fed to meet its operatingexpensesD) As contributions by member banks when they first join the system5) Most of the Fed's portfolio of securities consists ofA) U.S. Treasury securities.B) securities issued by foreign governments.C) securities issued by state and local governments in the United States.D) corporate bonds.
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