26.A large denomination time deposit is A. money in a passbook savings account B
ID: 1128643 • Letter: 2
Question
26.A large denomination time deposit is A. money in a passbook savings account B. an S & L share C. any money left on deposit in a bank for over one year. D. any deposit of at least $100,000 left on deposit at a bank for a specified period of time. The Depository Institutions Deregulation and Monetary Control Act of 1980 accomplished which one of the following reforms? 27. A. Established a uniform set of reserve requirements for all depository institutions. B. Established maximum and minimum interest rates which depository institutions were permitte to pay on checkable deposits. C. Shifted to the United States Treasury the responsibility for setting the discount rate. D. Provided presidential veto power over setting reserve requirements 28.The Federal Reserve System was NOT A. established with the 1913 passage of the Federal Reserve Act. B. the first attempt to have a United States central bank. C. intended to act as a "lender of last resort." D. designed to lend money to inherently sound banks so that they can survive financial panics. 29. The hypothesis is based on the assumption that the best indicator of the future is what ha! happened in the past. A. adaptive expectations B. rational expectations C. Monetary D. supply-sideExplanation / Answer
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Option D
large-denomination time deposits are amounts which are greater than $100,000 left at the savings account for a specified period of time.
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Option C
Depository Institutions Deregulation And Monetary Control Act of 1980 sfifted the responsibility setting the discount rate to the treasury dept. of US
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Option B
Federal Reserve System Act was not the first attempt of having US central bank.
29.
Option A
In economics, adaptive expectations hypothesis is a process by which people form their expectations about what will happen in the future based on what has happened in the past.
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