Imagine that Wingate National is a new bank, and that the legal reserve requirement is 10 percent. If it accepts a $1,000 cash deposit and immediately makes a $100 loan, its demand deposits, before any checks on its accounts are actually written, are

In the United States, the lender of last resort is

A) Fannie Mae. B) the Federal Reserve. C) the Federal Deposit Insurance Corporation. D) Securities and Exchange Commission.

What act established a body to help enforce antitrust laws?

a. Security and Exchange Commission Act b. Judicial Trust Commission Act c. Federal Trade Commission Act d. The Senate Oversight Committee Act