251. If the Federal Reserve wants to increase the amount of money available to member banks to ease a tight money market, it could:

A. Raise the discount rate to its member banks

B. Lower the minimum reserves required by its member banks

C. Raise the minimum reserves required by its member banks

D. Sell government bonds

Answer: B. Lower the minimum reserves required by its member banks

252. All of the following would have an effect on the final estimate of value when making an appraisal of an old family residence except:

A. Purpose of the appraisal

B. Suitability of the residence to the site

C. Physical condition of the building

D. Original cost of the residence

Answer: D. Original cost of the residence

253. A restrictive covenant contained in a deed which prohibits sale to persons of a particular race will:

A. Invalidate the conveyance

B. Have no effect in the conveyance and the covenant will not be enforceable

C. Create the power in the grantee to void the conveyance

D. Retain in the grantor the power to enforce the covenant

Answer: B. Have no effect in the conveyance and the covenant will not be enforceable