金融市场与金融机构（原书第9版）题库chapter 26.docVIP

PAGE 21 Copyright ? 2018 Pearson Education, Inc. Financial Markets and Institutions, 9e (Mishkin) Chapter 26 Savings Associations and Credit Unions 26.1 Multiple Choice 1) Which of the following statements about mutual savings banks are true? A) There are currently under 200 mutual savings banks in the United States. B) Most mutual savings banks are federally chartered. C) Both A and B of the above are true. D) None of the above are true. Answer: D Topic: Chapter 26.1 Mutual Savings Banks Question Status: Previous Edition 2) Which of the following statements concerning the mutual form of ownership of savings banks are true? A) The mutual form of ownership accentuates the principal-agent problem that exists in corporations. B) More capital is available, contributing to the safety of mutual savings banks compared to other banking organizations. C) Managers of mutual savings banks are more risk averse than in the corporate form, because the value of their ownership does not increase if the firm does well. D) All of the above are true. E) Only A and B of the above are true. Answer: D Topic: Chapter 26.1 Mutual Savings Banks Question Status: Previous Edition 3) Mutual savings banks are concentrated in the ________ United States. A) northeastern B) southeastern C) western D) all of the above Answer: A Topic: Chapter 26.1 Mutual Savings Banks Question Status: Previous Edition 4) Mutual savings banks A) are heavily concentrated in mortgages. B) have more flexibility in their investing practices. C) are both A and B of the above. D) are neither A nor B of the above. Answer: B Topic: Chapter 26.1 Mutual Savings Banks Question Status: Previous Edition 5) Savings and loan associations A) were established by Congress to encourage home ownership. B) initially were not permitted to accept demand deposits. C) held about 85 percent of their assets in the form of mortgages prior to the Great Depression. D) are all of the above. E) are only A and B of the