金融市场与金融机构（原书第9版）题库chapter 19.docVIP

PAGE 29 Copyright ? 2018 Pearson Education, Inc. Financial Markets and Institutions, 9e (Mishkin) Chapter 19 Banking Industry: Structure and Competition 19.1 Multiple Choice 1) The modern commercial banking system began in America when the A) Bank of the United States was chartered in New York in 1801. B) Bank of North America was chartered in Philadelphia in 1782. C) Bank of the United States was chartered in Philadelphia in 1801. D) Bank of North America was chartered in New York in 1782. Answer: B Topic: Chapter 19.1 Historical Development of the Banking System Question Status: Previous Edition 2) A major controversy involving the U.S. banking industry in its early years was A) whether banks should both accept deposits and make loans or whether these functions should be separated into different institutions. B) whether the federal government or the states should charter banks. C) what percent of deposits banks should hold as fractional reserves. D) whether banks should be allowed to issue their own bank notes. Answer: B Topic: Chapter 19.1 Historical Development of the Banking System Question Status: Previous Edition 3) The government institution that has responsibility for the amount of money and credit supplied in the economy as a whole is the A) central bank. B) commercial bank. C) bank of settlement. D) Treasury Department. Answer: A Topic: Chapter 19.1 Historical Development of the Banking System Question Status: Previous Edition 4) Because of the abuses by state banks and the clear need for a central bank to help the federal government raise funds during the War of 1812, Congress created the A) First Bank of the United States in 1812. B) Bank of North America in 1814. C) Second Bank of the United States in 1816. D) Federal Reserve System in 1813. Answer: C Topic: Chapter 19.1 Historical Development of the Banking System Question Status: Previous Edition 5) The Second Bank of the United States was denied a new charter by A) Presiden