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Test Bank For Pharmacotherapeutics for Advanced Practice A Practical Approach 5th Edition by Virginia Poole Arcangelo, Andrew Peterson, Veronica Wilbur, Tep M.Kang 9781975160593 Chapter 1-56 Complete Guide$17.99
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Test Bank For Pharmacotherapeutics for Advanced Practice A Practical Approach 5th Edition by Virginia Poole Arcangelo, Andrew Peterson, Veronica Wilbur, Tep M.Kang 9781975160593 Chapter 1-56 Complete Guide
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Course
Tes- Bank For Pharmacotherapeutics for Advanced P
Institution
Tes- Bank For Pharmacotherapeutics For Advanced P
Test Bank For Pharmacotherapeutics
for Advanced Practice A Practical
Approach 5th Edition by Virginia Poole
Arcangelo, Andrew Peterson, Veronica
Wilbur, Tep M.Kang 9781975160593
Chapter 1-56 Complete Guide.
The three parts of the Federal Reserve System are the Reserve
Banks, the Feder...
Test Bank For Pharmacotherapeutics
for Advanced Practice A Practical
Approach 5th Edition by Virginia Poole
Arcangelo, Andrew Peterson, Veronica
Wilbur, Tep M.Kang 9781975160593
Chapter 1-56 Complete Guide.
The three parts of the Federal Reserve System are the Reserve
Banks, the Federal Open Market Committee (FOMC), and the
a) Board of Governors
b) United States Mint
c) Department of the Treasury
d) Secretary of State - ANS-A
Which of the following is NOT one of the responsibilities of the
Federal Reserve
a) Supervising the Reserve banks
b) Setting the nation's monetary policy
c) Establishing the federal budget
d) Maintaining a stable banking system - ANS-D
Which of the following is a unique feature of credit unions?
a)Credit unions are typically owned and run by their members
b)Credit unions limit membership to certain people or groups
c) Credit unions offer a wide variety of banking services
d) Both A & B - ANS-D
Which type of account is typically the MOST liquid?
a) Checking account
b) Savings account
,c) Certificate of Deposit
d) Exchanged Traded Fund - ANS-A
What are the three main responsibilities of the Federal Reserve? -
ANS-1. Provide and Maintain an effective payment system
2. Supervise and regulate banking operations
3. Conduct monetary policy
Which type of financial institution typically has some sort of
requirement to be a member? - ANS-Credit Union
Which type of bank account is typically the most liquid? - ANS-
Checking Account
Compare/ contrast a checking account and savings account. Which
offers more interest? Which is easier to get money out of? - ANS-
Savings account offers more interest. Checking accounts are more
easier to get your money out of.
Between checking, savings, money market, and certificate of
deposit, which typically has the highest interest rate? Which has the
lowest liquidity? - ANS-Certificate of Deposit (CD)
What are the three parts of the Federal Reserve System? - ANS-
1.Reserve Banks
2.Federal Open Market Committee
3.Board of Governors.
List four possible fees associate with a checking account. Which is
likely to be the highest - ANS-Overdraft fee, Account transfer fee,
Monthly service fee, ATM fee. ATM fee is highest.
, What are some unique features of a credit union? - ANS-1.Credit
Unions are typically owned and run by their members.
2.Credit Unions offer a wide variety of banking services
What three things do the numbers on the bottom of a typical check
represent? - ANS-1. Routing Number
2. Account Number
3. Check Number
Which part of the check is the least important? - ANS-Memo line
How often should you typically monitor your checking account? -
ANS-Monthly
What is a payday lender? Why should you avoid them? - ANS-
They're not a type of bank, but a type of loan. They're very xpenisce
and your debt will grow fast.
How do you avoid paying ATM fees? - ANS-Only use ATM's in your
banks network
What is the purpose of of balancing or monitoring your checking
account? - ANS-Helps you calculate how much money you have in
your account.
What is the best way to ensure the accuracy and safety of your
accounts? - ANS-Monitor your accounts regularly.
With a traditional savings account, there might be a fee for
withdrawing money ______ _________. - ANS-too; often
Retail Bank - ANS-offers services like savings and checking
accounts, mortgages, personal loans, and credit cards.
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