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 U.S. Treasury manages the operations of FHLBanks.
B.   Member banks can borrow for up to one year without collateral.
C.   The Fed regulates FHLBanks operations.
D.   It offers low-cost funding to consumers.
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.   Economic Relief Act
B.   Financial System Improvement Act
C.   Troubled Asset Relief Program
D.   Federal Reserve Act
Question #3
A long-term security issued by the Treasury that has a maturity of 30 years is called a Treasury ______.
A.   Bond
B.   Stock
C.   Bill
D.   Note
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.   Federal Reserve
C.   U.S. Treasury
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.   Spend billions
C.   Decrease interest rates
D.   Increase interest rates
Question #6
In what situation would the U.S. Treasury be most willing to sell securities?
A.   When interest rates are scheduled to decrease
B.   When income collected exceeds the government's bills
C.   When the government's bills exceed income collected
D.   When income collected equals the government's bills
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.   Pays bills owed by the U.S. government.
D.   Produces currency and coins.
Question #8
Which of the following is a likely result if Federal Home Loan Banks did not exist?
A.   Borrowing money would be easier for local lenders.
B.   There'd be more funds available for lending in the community.
C.   There'd be fewer funds available for lending in the community.
D.   Interest rates would be lower.

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