The Federal Reserve Is Empowered to Encourage Depository Institutions to Help

question 51

Multiple Choice

The Federal Reserve is empowered to encourage depository institutions to help meet the needs of communities for housing and other purposes

• A) through the Community Reinvestment Act.
• B) through the Truth in Lending Act.
• C) by a provision of the Fair Housing Act.
• D) by strictly enforcing usury laws setting maximum interest rates.

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Definitions:

Generator Output

The amount of electrical energy produced by a generator, measured in watts or kilowatts.

Fully Charged

The status of a battery or cell when it has reached its maximum electrical storage capacity.

12-Volt Battery

A common type of battery used in vehicles to power the electrical system, typically lead-acid based, providing energy for starting and accessories.

High Voltage

Electrical potential large enough to cause harm or damage, typically above 1,000 volts in the context of electrical safety.