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1.In which of the following scenarios would bartering be most likely to become inefficient?
2.Savers Bank and Thrifty Bank, two banks that are members of the Federal Reserve System, want to merge into one bank called Thrifty Savers Bank. What role would the Federal Reserve Board have in this merger?
Multiple Choice
3.If the Federal Reserve Board increases reserve requirements for banking institutions
Multiple Choice
4.Local Bank is an institution that accepts money deposits and makes loans to individual consumers and businesses. Which of the following would Local Bank most likely have in common with all other banking institutions?
Multiple Choice
5.Gary is in the process of buying a new home, and he decides to go to a savings and loan association to get a mortgage to help him pay for his home. In this scenario, Gary’s new home is pledged as a guarantee, or _____ that he will repay the loan.
Multiple Choice
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