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.   It offers low-cost funding to consumers.
C.   The Fed regulates FHLBanks operations.
D.   Member banks can borrow for up to one year without collateral.
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.   Financial System Improvement Act
B.   Federal Reserve Act
C.   Troubled Asset Relief Program
D.   Economic Relief Act
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.   Stock
D.   Bill
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 Deposit Insurance Corporation
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.   Increase interest rates
B.   Decrease interest rates
C.   Cut budgets by billions
D.   Spend 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 exceeds the government's bills
C.   When interest rates are scheduled to decrease
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.   Produces currency and coins.
C.   Pays bills owed by the U.S. government.
D.   Supervises national banks and financial institutions.
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.   Interest rates would be lower.
C.   There'd be more funds available for lending in the community.
D.   There'd be fewer funds available for lending in the community.

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