Econ 3030 - Money, Banking and the Economy » Fall 2021 » Quiz 8

Need help with your exam preparation?

Existing Quiz Clients Login here
Question #1
The majority of U.S. banks are $5 billion or more in terms of asset.
A.   TRUE
B.   FALSE
Question #2
Regulation Q along with high inflation was responsible for bank disintermediation. in the 1970s.
A.   TRUE
B.   FALSE
Question #3
Currently there are about 15,000 banks in the U.S.
A.   TRUE
B.   FALSE
Question #4
Who is not a regulator of banks?
A.   Federal Reserve
B.   Office of the Comptroller of Currency
C.   the State Governor
D.   FDIC
Question #5
Which did not happen in the wake of the Great Depression?
A.   Regulation Q
B.   Glass Steagle
C.   creation of the Federal Reserve
D.   creation of the FDIC
Question #6
Which is not part of the financial innovation since the 1960s?
A.   securitization
B.   commercial loans
C.   money market mutual funds
D.   ATMs
Question #7
When did disintermediation occur on a big scale in the U.S.?
A.   1970s - 1980s
B.   1996-1997
C.   2006 - 2009
D.   1930s
Question #8
Which country has the biggest number of banks in the world?
A.   Canada
B.   China
C.   U.S.
D.   Germany
Question #9
Loss of cost and income advantages at banks did NOT result in _______________.
A.   financial innovation
B.   nationwide banking
C.   banking consolidation
D.   an increase in traditional banking activities.
Question #10
In 1913, ________________ was created.
A.   the Bank Holding Company Act
B.   the FDIC
C.   the Federal Reserve
D.   the Treasury

Need help with your exam preparation?

Existing Quiz Clients Login here