Podcast
Questions and Answers
What is the primary focus of bankers according to the passage?
What is the primary focus of bankers according to the passage?
- Contributing to the economy through special business operations
- Serving as a link between banks and communities (correct)
- Offering pension plans to interior decorators
- Providing mortgage to immigrant customers
Why does Tamara, the interior decorator, want to set aside a portion of her income?
Why does Tamara, the interior decorator, want to set aside a portion of her income?
- For retirement security (correct)
- To start a pension plan for bank employees
- To buy a house
- To contribute to the economy
What has been the historical role of banks in the United States?
What has been the historical role of banks in the United States?
- To offer special products and services
- To contribute to the welfare of the nation (correct)
- To fulfill pension plans for employees
- To provide services to immigrant customers
According to Federal Reserve Board Chairman Jerome Powell, what is banking fundamentally based on?
According to Federal Reserve Board Chairman Jerome Powell, what is banking fundamentally based on?
What is the unique relationship between bankers and their customers and communities highlighted in the passage?
What is the unique relationship between bankers and their customers and communities highlighted in the passage?