CA Real Estate Finance Course » 2021 » Sec 3 Unit 3 Exam

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Question #1
Which of the following is a true statement about FHLBanks?
A.   The Fed regulates FHLBanks operations.
B.   It offers low-cost funding to consumers.
C.   Member banks can borrow for up to one year without collateral.
D.   The U.S. Treasury manages the operations of FHLBanks.
Question #2
What program allowed the U.S. Treasury to spend hundreds of billions of dollars to stabilize our financial system, boost credit markets, help families avoid foreclosure, and promote economic growth?
A.   Federal Reserve Act
B.   Economic Relief Act
C.   Financial System Improvement Act
D.   Troubled Asset Relief Program
Question #3
A long-term security issued by the Treasury that has a maturity of 30 years is called a Treasury ______.
A.   Note
B.   Bond
C.   Bill
D.   Stock
Question #4
Which of the following resources will give you reports and statistics including house price index, foreclosures, and refinancing?
A.   U.S. Treasury
B.   Federal Reserve
C.   Federal Housing Finance Agency
D.   Federal Deposit Insurance Corporation
Question #5
What did the Troubled Asset Relief Program allow the U.S. Treasury to do in response to the 2007 financial crisis?
A.   Spend billions
B.   Increase interest rates
C.   Decrease interest rates
D.   Cut budgets by billions
Question #6
In what situation would the U.S. Treasury be most willing to sell securities?
A.   When the government's bills exceed income collected
B.   When income collected equals the government's bills
C.   When income collected exceeds the government's bills
D.   When interest rates are scheduled to decrease
Question #7
What is one of the ways the U.S. Treasury promotes economic growth and stability?
A.   Supervises national banks and financial institutions.
B.   Produces currency and coins.
C.   Pays bills owed by the U.S. government.
D.   Investigates financial crimes including tax evaders.
Question #8
Which of the following is a likely result if Federal Home Loan Banks did not exist?
A.   There'd be more funds available for lending in the community.
B.   Interest rates would be lower.
C.   There'd be fewer funds available for lending in the community.
D.   Borrowing money would be easier for local lenders.

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