Assuming no compensatory actions by the Fed, a sharp increase in k would cause
a. a decrease in B
b. an increase in B
c. an increase in M
d. none of the above
Answer:
The regulatory body in charge of S&Ls at the time of the crisis of the 1980s was
a. the Comptroller of the Currency
b. the Resolution Trust Corp.
c. the Federal Reserve System
d. the Federal Home Loan Bank Board
Answer:
The dual banking system was created by
a. the McFadden Act
b. the National Banking Act of 1863
c. the Glass-Steagall Act
d. the Federal Reserve Act
Answer: