Economic Quiz - Boston Fed

Bank Deposits

1. In 2001, total deposits held by both U.S. commercial and savings banks were approximately:

$900 billion

$2 trillion

$5 trillion

$8 trillion

2. From 1991 to 2001, total deposits increased by approximately:

15%

25%

45%

55%

3. Although total deposits have increased, which of the following decreased from 1991 to 2001?

noninterest bearing deposits at commercial banks.

total deposits at savings banks.

demand deposits (e.g. checking accounts) at commercial banks.

time deposits (e.g. certificates of deposits) greater than $100,000 at savings banks.

4. In mid-2001, the five largest banking organizations in New England held approximately what percentage of the total deposits in the region?

15%

25%

35%

45%

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Economic quiz written by: Gordon Wong - September 9, 2002
Views expressed in the economic quiz are those of the individual author.