The Structure of The Federal Reserve Bank

Front

In ________, Congress adjusted the Federal Reserve structure so that the system could respond more effectively to crises.

Back

1935

Front

How many federal districts are there?

Back

12

Front

Actions taken by the Federal Reserve are called _________ policy.

Back

monetary

Front

How many Federal Reserve Banks are there per district?

Back

1

Front

The FOMC consists of The Board of Governors and _____ of the 12 district bank presidents

Back

5

Front

The Federal Reserve is best known for its role in regulating the _____________.

Back

money supply

Front

The Fed monitors the supply of and the demand for money in an effort to keep _______ rates stable.

Back

inflation

Front

Which of the following BEST completes the blank in the graphic organizer?
Options: Bank of New York, Board of Governors, Ways and Means Committee, Department of the Treasury

Back

Board of Governors

Front

Which of the following BEST completes the blank in the graphic organizer?
Options: Department of Treasury, Federal Open Market Committee, Office of Management and Budget, House Ways and Means Committee

Back

Federal Open Market Committee

Front

Which part of the Fed decides when to raise or lower interest rates? Options: Board of Governors, Advisory Committee, Chairman, Federal Open Market Committee

Back

Federal Open Market Committee