Government regulations to insure the safety of bank deposits and to control the money supply include
a. limitations on the types and quantities of assets in which banks may invest.
b. elimination of the need for required reserves.
c. setting interest rate ceilings on savings and money market deposit accounts.
d. All of the above are correct.
a
You might also like to view...
A _________________________ is required when the location of comparable property is either superior or inferior to the location of subject property.
Fill in the blank(s) with the appropriate word(s).
Why was the stock market crash of 1929 a disaster for the economy?
(a) Through the "wealth effect," investors lost paper wealth and consequently reduced their spending on goods and services. This led to cutbacks in production and jobs. (b) Businessmen became pessimistic about the future and reduced spending on plants and equipment, thus causing reduced production and increased layoffs in the capital-goods sector of the economy. (c) The crash revealed a flawed structure of credit and weak system of banks and other financial institutions in the U.S. (d) All of the above are correct