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
医学
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
2013-12-06
26
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 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 the 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 control. The board enunciates the Fed’s policies on both monetary and banking matters. Because the board is not an operating agency, most of the day-to-day implementation of policies 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 Cooperation(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 subject to the congressional appropriation process; the Federal Reserve is self-financing. Its income($20.2 billion in 1992)comes mainly from Reserve bank holdings 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 $16.8 billion in earnings to the U.S. Treasury.
The fact that stock in the Fed belongs to commercial banks______.
选项
A、doesn’t mean the latter is in control
B、means the latter is in control
C、means the latter is subjected to the Reserve banks
D、means the Reserve banks orient the latter’s policies
答案
A
解析
选项A中的in control意为“控制于别人”,此处即the latter(商业银行)控制股票。A与文中的“Ownership…doesn’t imply control”相符。
转载请注明原文地址:https://jikaoti.com/ti/XwNDFFFM
本试题收录于:
医学博士外语题库考研分类
0
医学博士外语
考研
相关试题推荐
A.Councilman小体B.Russell小体C.Mallory小体D.脂肪小体E.残存小体乙醇中毒的肝细胞内可出现不甚规则的玻璃样物质称为
男,50岁,20年前曾患肺结核,近3个月来出现刺激性咳嗽,痰中带血丝,伴左胸痛、发热,X线片示右上肺3cm×2.5cm大小的阴影,边缘模糊,痰液找癌细胞三次均为阴性。应考虑诊断为
Cultureshockmightbecalledanoccupationaldiseaseofpeoplewhohavebeensuddenlytransplantedabroad.Likemostailments,
ManyCanadiansenjoytheluxuryofalargeamountoflivingspace.Canadaisvast,andthehomesarelargeaccordingtothestan
Everyday,overamillionpeoplelogontodifferentInternet-basedgames.Thereistrulysomethingforeveryoneinthegamingwo
FederalReserveSystem,centralbankingsystemoftheUnitedStates,popularlycalledtheFed.Acentralbankservesasthebank
Ithinkyouhavegotacuteappendicitis,probablyperforated.
Afteralongdelay,she______replyingtomye-mail.
Afteralongdelay,she______replyingtomye-mail.
Forthesakeofanimalprotection,environmentalistsdeploredtheconstructionprogramofanuclearpowerstation.
随机试题
诊断中期妊娠,下列哪项最不可靠
下列对心律失常患者进行的健康教育中哪项不妥
公民、法人或者其他组织认为行政机关的具体行政行为侵犯其合法权益,可以依法申请行政复议机关依照行政复议程序审查原具体行政行为的合法性,并由复议机关作出复议决定。 ( )
压力管道中的公用管道安装许可类别为GB类压力管道,分为燃气管道和()。
背景资料:施工单位承接了一新建高速公路K50+000~K75+000段路面工程与交通工程的施工,其中包含中央分隔带及路面排水工程,一般路段中央分隔带断面设计如下图所示。设计说明:1.图中尺寸除注明外均以cm计。2.施工中应确保防水
甲公司2020年1月1日有一笔闲置资金,可以进行公司债券和股票的投资。进行债券投资要求的报价必要收益率为12%,进行股票投资要求的报价报酬率为20%。现有5种证券可供选择,相关资料如下:(1)A公司债券于2018年1月1日发行5年期、面值为1000元、票
正一道“三山符篆”不是指()。
设m和n为正整数,a>0,且为常数,则下列说法不正确的是()
设pn=,n=1,2,…,则下列命题正确的是()
•Readthearticlebelowaboutjobenrichment,akindofwaytopromotetheworkefficiencyofacompany.•Choosethecorrectw
最新回复
(
0
)