An Important Routine Function of the Federal Reserve Bank Is

question 147

Multiple Choice

An important routine function of the Federal Reserve Bank is to

• A) supervise the liquidation of the assets of bankrupt state banks.
• B) help large commercial banks develop correspondent relationships with smaller commercial banks.
• C) advise commercial banks as to the most profitable ways of reinvesting profits.
• D) provide facilities by which commercial banks and thrift institutions may collect checks.

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Definitions:

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Patriarchal Culture

A societal structure in which men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Symbolic Interactionism

A sociological perspective focusing on the symbolic meanings that people create and attach to behaviors, objects, and people, and how they use these meanings in their interactions.

Full-time Work

Employment in which individuals typically work a standard number of hours weekly, often considered to be 35-40 hours.