Can the fed create money - Study guides, Class notes & Summaries

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

TSI Testing 126 Questions with Verified Answers In 2010, talk show host Oprah Winfrey and novelist Jonathan Franzen kissed and made up after a nine-year feud. In 2001, Franzen was disinvited from appearing on Winfrey's TV show to pitch his novel The Corrections after he made it clear that he was unhappy about the book's being chosen for the Oprah Book Club. Describing his work as "in the high-art literary tradition," Franzen said he didn't want to be associated with the Club, which he accuse...

What is policy conservatism? - Answer A state's tendency to limit the welfare benefits, deregulate business, keep taxes low, and generally place less reliance on government and more reliance on individuals and the marketplace to achieve social goals. What is policy liberalism? - Answer A state's tendency to expand welfare benefits, regulate business, adopt progressive state income taxes, and generally use government to achieve social change. From where do state and local governments deri...

BUSINESS MAJOR FIELD TEST QUESTIONS AND ANSWERS GRADED A;(FULL TEST BANK) Accounting: What costs should be considered when making non-routine decisions? (3) Ans- The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? Ans- Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? Ans- The difference between variable costs subtracted from sales Accounting: In a ...

Advertising - Answer-A communication tool using objectives and strategies to impact consumer thoughts, feelings, and actions. 2 requirements: centralized exchange, supply surpasses demand Central exchange and supply surpasses demand - Answer-the 2 requirements for advertising; central exchange is a currency transaction supply surp is just to make sure you have enough to go around and keep consumers satisfied Marketing Communications (Mar Com) - Answer-Tools used to communicate with custome...

Econ 203 Midterm Exam Actual Questions and Answers Complete 1. Commercial banks create money by: A. printing them. B. keeping a fraction of deposits as reserves and lending the rest. C. they do not, only the central bank can create money. D. none of the above. 2. What is the role of a commercial bank? A. To maximize profits for its shareholders B. To take customers’ deposits and make loans C. To create money through the banking system D. All the answers are correct 3. Which of th...

Each discount point paid to the lender will increase the lender's yield (return) by approximately 1/8 of 1 percent. TRUE. Florida statute requires that the mortgagee send the recorded satisfaction to the mortgagor within 60 days. State-chartered commercial banks must display the word "National" somewhere in their name. FALSE. Commercial banks chartered by the federal government must display the word "National" or the initials "N.A." somewhere in their name. Deposit account...

ECON 211 Exam 3 (UNL) Verified Answers countercyclical policies attempt: to reduce the intensity of economic fluctuations & smooth the GDP rate Brainpower Read More expansion policy aims: to reduce the severity of an economic recession by shifting the labor demand curve to the right & "expand" the economic activity (GDP) expansion policy means to: heat up the economy expansion policy: when does a recession occur? when the labor demand curve shifts to the left contractio...

Each discount point paid to the lender will increase the lender's yield (return) by approximately 1/8 of 1 percent. TRUE. Florida statute requires that the mortgagee send the recorded satisfaction to the mortgagor within 60 days. State-chartered commercial banks must display the word "National" somewhere in their name. FALSE. Commercial banks chartered by the federal government must display the word "National" or the initials "N.A." somewhere in their name. Deposit account...

Foolproof Module 5 notes Questions and Answers 100- Correct You need to know who might protect you if you get ripped off. Who regulates and watches all this checking account and financial transaction stuff? The Federal Reserve Bank (aka "The Fed") You probably won't ever deal with the Federal Reserve directly. - The Fed isn't actually a bank you can walk into and deposit your paycheck. It is the central bank of the United States, created and overseen by Congress. It provides our count...