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FIN 100 Week 3 Quiz Strayer University

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FIN 100 fin 100 week 3 quiz Fin 100 week 3 quiz • Question 1 2.5 out of 2.5 points $1,000 invested today at 6% interest would be worth ________ one year from now Response Feedback: Good work • Question 2 2.5 out of 2.5 points Programs passed by the federal government in response to the financial crisis of 2007-2009 include which of the following: Response Feedback: Good work • Question 3 2.5 out of 2.5 points In the United States, most money is created by: Response Feedback: Good work • Question 4 2.5 out of 2.5 points The primary goal of the financial manager of a profit-seeking organization is to: Response Feedback: Good work • Question 5 2.5 out of 2.5 points Finance has its origins in: Response Feedback: Good work • Question 6 2.5 out of 2.5 points Intermediaries that help the financial system operate efficiently and transfer funds from savers and investors to individuals, businesses, and governments that seek to spend or invest the funds are known as: Response Feedback: Good work • Question 7 2.5 out of 2.5 points The issuing of new securities, mortgages, and other claims to wealth takes place in the: Response Feedback: Good work • Question 8 2.5 out of 2.5 points Under the authority of the Federal Reserve Act of 1913 Response Feedback: Good work • Question 9 2.5 out of 2.5 points The effect of an increase of required reserves by the Fed is Response Feedback: Good work • Question 10 2.5 out of 2.5 points Under the authority of the Federal Reserve Act of 1913 Response Feedback: Good work • Question 11 2.5 out of 2.5 points The seven-member board of the Federal Reserve that sets monetary policy is called Response Feedback: Good work • Question 12 2.5 out of 2.5 points The members of the Fed Board of Governors are Response Feedback: Good work • Question 13 2.5 out of 2.5 points The capital stock of each Federal Reserve Bank Response Feedback: Good work • Question 14 2.5 out of 2.5 points The most used monetary policy instrument used by the Fed is Response Feedback: Good work • Question 15 2.5 out of 2.5 points When the United States Treasury makes a payment to an individual, it usually takes the form of a Response Feedback: Good work • Question 16 2.5 out of 2.5 points A primary focus of the Economic Stabilization Act of 2008, which became known as the ___________________________, was to allow the U.S. Treasury purchase up to $700 billion of troubled or toxic assets held by financial institutions. Response Feedback: Good work • Question 17 2.5 out of 2.5 points Price inflation Response Feedback: Good work • Question 18 2.5 out of 2.5 points Assume that a bank receives a primary deposit of $1,000, and the reserve requirement is 15%. Which of the following would reflect the asset side of the balance sheet after a maximum loan amount has just been made? Response Feedback: Good work • Question 19 2.5 out of 2.5 points The U.S. Treasury is primarily responsible for Response Feedback: Good work • Question 20 2.5 out of 2.5 points Currently, the backing for Federal Reserve's notes is primarily in the form of Response Feedback: Good work

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