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.   It offers low-cost funding to consumers.
B.   Member banks can borrow for up to one year without collateral.
C.   The Fed regulates FHLBanks operations.
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.   Financial System Improvement Act
C.   Economic Relief 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.   Federal Deposit Insurance Corporation
B.   U.S. Treasury
C.   Federal Reserve
D.   Federal Housing Finance Agency
Question #5
What did the Troubled Asset Relief Program allow the U.S. Treasury to do in response to the 2007 financial crisis?
A.   Cut budgets by billions
B.   Increase interest rates
C.   Spend billions
D.   Decrease interest rates
Question #6
In what situation would the U.S. Treasury be most willing to sell securities?
A.   When income collected exceeds the government's bills
B.   When income collected equals the government's bills
C.   When the government's bills exceed income collected
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.   Investigates financial crimes including tax evaders.
B.   Supervises national banks and financial institutions.
C.   Produces currency and coins.
D.   Pays bills owed by the U.S. government.
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.   Borrowing money would be easier for local lenders.
C.   Interest rates would be lower.
D.   There'd be fewer funds available for lending in the community.

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