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ECO 320 Final Exam Answers

ECO 320 Final Exam Answers

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ECO 320 Final Exam Answers

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Question 1

5 out of 5 points

The FDIC is the main supervisor for

Answer

Question 2

5 out of 5 points

A commercial bank that gets a charter from the federal government is called a ________ bank.

Answer

Question 3

5 out of 5 points

The OCC is the main supervisor for

Answer

Question 4

5 out of 5 points

In regards to the Glass-Steagall Act, banks argued that they

Answer

Question 5

5 out of 5 points

A period when an expansion ends and a recession begins is

Answer

Question 6

5 out of 5 points

A particularly bad recession (in which output declines much more than usual for a recession) is called

Answer

Question 7

5 out of 5 points

T

5 out of 5 points

The Fed tightens policy when it ____ money growth and ____ the federal funds rate.

Answer

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