What is the function of a bank examiner?
(A) To make sure banks are obeying laws and regulations.
(B) To carry on day-to-day functions within the bank.
(C) To respond to banks about their daily reports to the Fed.
(D) To oversee decisions about major loans by each bank.
Ans: (A) To make sure banks are obeying laws and regulations.
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The supply curve slopes
A. upward to the right. B. upward to the left. C. downward to the right. D. downward to the left.
Use the following table to answer the next question.ItemBillions of DollarsCheckable deposits$597Small time deposits818Currency639Money-market mutual funds held by businesses1,045Savings deposits, including money-market deposit accounts2,866Money-market mutual funds held by individuals979The size of the M1 money supply is
A. $979 billion. B. $1,415 billion. C. $,1618 billion. D. $1,236 billion.