Question

1. On a bank’s balance sheet, which of the following is an asset?

A) checking deposits

B) small-time deposits

C) savings accounts

D) None of the answers are correct.

2. On a bank’s balance sheet, which of the following is a liability?

A) checking deposits

B) small-time deposits

C) savings accounts

D) All of the answers are liabilities.

3. Overnight bank-to-bank loans are called:

A) certificates of deposit.

B) federal funds.

C) discount loans.

D) overnight repurchase agreements.

4.A loan to a commercial bank made directly from the Fed is called a:

A) Treasury bill.

B) federal funds loan.

C) bailout.

D) discount loan.

 



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