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13 Cards in this Set
- Front
- Back
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balance sheet equation is
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assets-liabilities= equity
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what regulatory body charters natinoal banks
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comptroller of the currency
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primary reason for federal reserve system was
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lessen occurence of bank panic
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which president allowed the second bank of US charter to expire
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andrew jackson
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rate the fed charges on its loans to depository institutions
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discount rate
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bank capital is listed on the ____ side of the banks balance sheet because it represents a ____ of funds
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liabilities, source
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long term capital gains are currently taxed at a rate ___ordinary income
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below
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fdic was created with the passage of the ____act
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glass-steagall
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us didnt have a central bank until the creation of the federal reserve in
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1913
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examples of assets
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treasury sercurities, reserves, commercial loans
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dual banking system was direct result of
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national bank act of 1863
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in liquidity preference framewor, interest rates are determined by the supply and demand for
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money
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office of the comptroller of currency supervises
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national banks
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