首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Federal Reserve System, central banking system of the United States, popularly called the Fed. A central bank serves as the bank
Federal Reserve System, central banking system of the United States, popularly called the Fed. A central bank serves as the bank
admin
2010-06-18
77
问题
Federal Reserve System, central banking system of the United States, popularly called the Fed. A central bank serves as the banker to both the banking community and the government; it also issues the national currency, conducts monetary policy, and plays a major role in the supervision and regulation of banks and bank holding companies. In the U.S. these functions are the responsibilities of key officials of the Federal Reserve System: the Board of Governors, located in Washington D.C., and the top officers of the 12 district Federal Reserve banks, located throughout the nation. The Fed’s actions, described below, generally have a significant effect on U.S. interest rates and, subsequently, on stock, bond, and other financial markets.
The Federal Reserve’s basic powers are concentrated in the Board of Governors, which is paramount in all policy issues concerning bank regulation and supervision and in most aspects of monetary and banking matters. Because the board in not an operating agency, most of the day-to-day implementation of policy decisions is left to the district Federal Reserve banks, stock in which is owned by the commercial banks that are members of the Federal Reserve System. Ownership in this instance, however, does not imply control; the Board of Governors and the heads of the Reserve banks orient their policies to the public interest rather than to the benefit of the private banking system.
The U.S. banking system’s regulatory apparatus is complex; the authority of the Federal Reserve is shared in some instances for example, in mergers or the examination of banks with other federal agencies such as the Comptroller of the Currency and the Federal Deposit Insurance Corporation (FDIC). In the critical area of regulating the nation’s money supply in accordance with national economic goals, however, the Federal Reserve is independent within the government. Income and expenditures of the Federal Reserve banks and of the Board of Governors are not subject to the congressional appropriation process; the Federal Reserve is self-financing. Its income ( $ 20.2 billion in 1992) comes mainly from Reserve bank holding of income-earning securities, primarily those of the U.S. government. Outlays ( $1.5 billion in 1992) are mostly for operational expenses in providing services to the government and for expenditures connected with regulation and monetary policy. In 1992 the Federal Reserve returned $16.8billion in earnings to the U.S. Treasury.
The authority of the Federal Reserve______.
选项
A、has to be shared with other establishments
B、is exclusive at other times
C、isn’t limited by comptroller of the Currency and FDIC
D、is limited by Board of Governors
答案
B
解析
根据第三段第一句“The U.S.banking system’s regulatory apparatus is complex;the authority of the Federal Reserve is shared in some instances for example,in mergers or the examination of banks with other federal agencies such as the Comptroller of the Currency and the Federal Deposit Insurance Corporation(FDIC)和第二段第一句“The Federal Reserve’s basic powers are concentrated in the Board of Governors,which is paramount in all policy issue concerning bank regulation and supervision and in most aspects of monetary and banking matters”,就可推断出[B]为正确选项。[A]项叙述过于绝对;[C]项与第三段第一句内容正好相反;[D]中内容在文章中未被提到。
转载请注明原文地址:https://kaotiyun.com/show/qxlO777K
0
专业英语八级
相关试题推荐
JapanandtheUnitedStatesarenow
Thephrase"chippedawayat"inthefirstparagraphprobablymeansInnovationsinpostalservicesmightappearwhen
Specialwordsusedintechnicaldiscussion______.Theauthor’smainpurposeinthepassageisto______.
Wecaninferfromthefirsttwoparagraphsthattheindustrialistsdisregardenvironmentalprotectionchieflybecause______.T
Wecaninferfromthefirsttwoparagraphsthattheindustrialistsdisregardenvironmentalprotectionchieflybecause______.T
InanewbookcalledPredictions,someoftheworld’sgreatestthinkerspresentavisionofthefuturewithovertonesofascien
CultureTherearesomanythingsaboutourlivesthatbelongtothecontentofculturethatitisimpossibletocoverthemal
Unlikethesituationwithhurricanes,tornadoes,orfloods,therearenostormcloudsorrisingriverlevelstoforetellaneart
A、preventpeoplefromhavingtroublewithteethB、stopteethfromfallingoutC、putmenonthemoonD、transplantheartsandothe
Under______,theprovincesofCanada,NewBrunswickandNovaScotiawereunitedtoformtheDominionofCanada.
随机试题
(Had)Paulreceivedeight(more)votesinthelastelection,he(wouldhavebeen)ourchairman(now).
患者男性,43岁。因发热1个月余、加重伴咳嗽、血痰2周而入院。近1月来出现不规则发热,以下午低热为多,有盗汗;近2周出现高热,渐出现咳嗽,咳血痰,经规律抗菌药物治疗无效。曾为长途车司机,有冶游史。近3年有静脉吸毒,而后逐渐消瘦,体重下降约10kg。入院体检
鲁天(男)与谢威(女)于1989年结婚,婚后二人感情不和,常为琐事争吵。谢威多次与鲁天协商离婚,均因财产处理问题无法达成一致而未成。2009年3月谢威向法院提起诉讼,要求解除与鲁天的婚姻关系。据此,请回答下列问题。如果鲁天在2009年3月谢威向法院起诉
在建设工程定额计价模式下,投标人投标报价中的间接费内容和取费标准是由(C)。
可变现净值是指在正常生产经营过程中,以预计售价减去进一步加工成本和预计销售费用以及相关税费后的净值。()
王老师制作的一个Word文档的部分截图如下图所示,两个方框处的数字表示该处()。
小数法则是一种心理偏差,是指人们将小样本中某事件的概率分布看成是总体分布,抓住问题的某个特征直接推断结果,而不考虑这种特征出现的真实概率及与特征有关的其他原因。根据上述定义,下列属于小数法则的是:
下列对类的声明,正确的是()B
Itisagenerallawinpolitics,thatthepowermosttobedistrusted,isthatwhich,possessingthegreatestforce,istheleas
Duringrecentyearswehaveheardmuchabout"race":howthisracedoescertainthingsandthatracebelievescertainthingsand
最新回复
(
0
)