Chapter 15 biz

Which of the following has a fixed term?

Which of the following financial institutions is considered a thrift institution?

The Norton County Bank performs such tasks as making monthly bill payments, managing investment portfolios, and managing the estates of deceased persons. What are such services called?

Which of the following agencies guarantees the safety of all of its members' bank accounts?

Which of the following terms refers to the percentage of its deposits a bank must hold, in cash or on deposit, with a Federal Reserve bank?

Which of the following terms refers to the interest level at which member banks can borrow money from the Federal Reserve System?

Which of the following terms refers to the interest level at which commercial banks lend reserves to each other, usually overnight?

Which of the following best describes what is called the "open-market operations" of the Federal Reserve System?

Which of the following indices indicates the relative strength of the currencies of two countries?

Toyota, based in Japan, would like to build a new factory and a new retail distribution center. Both or either of these may be built in the United States and in Canada. Currently, the U.S. dollar is weak compared to the Canadian dollar. Which of the following would be in Toyota's best interest?

Which of the following best describes the portability characteristic of money?

Which of the following is a consequence of the divisibility characteristic of money?