(完整版)商业银行管理彼得S.罗斯英文原书第8版英语试题库Chap002.pdfVIP

Chapter 2 The Impact of Government Policy and Regulation on the Financial-Services Industry Fill in the Blank Questions 1. The _____________________ was created as part of the Glass Steagall Act. In the beginning it insured deposits up to $2,500. Answer: FDIC 2. The________________________ is the law that states that a bank must get approved from their regulatory body in order to combine with another bank. Answer: Bank Merger Act 3. One tool that the Federal Reserve uses to control the money supply is_________________ . The Federal Reserve will buy and sell T-bills when they are using this tool of monetary policy. Answer: open market operations 4. The__________________________ was created in 1913 in response to a series of economic depressions and failures. Its principal role is to serve as the lender of last resort and to stabilize the financial markets. Answer: Federal Reserve 5. The __________________________ prevented banks from crossing state lines and made national banks subject to the branching laws of their state. This act was later repealed by the Riegle Neal Interstate Banking law. Answer: McFadden-Pepper Act 6. Because the FDIC levies fixed insurance premiums regardless of risk, this leads to a problem called the ____________________ among banks. The fixed premiums encourage all banks to accept greater risk. Answer: moral hazard 7. In 1980, __________________________ was passed and lifted government ceilings on deposit interest rates in favor of free market interest rates. Answer: DIDMCA 15 8. One tool that the Federal Reserve uses to control the money supply is______________