MacroEcon Review

MacroEcon Review

Assessment

Flashcard

Social Studies

11th Grade

Hard

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38 questions

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1.

FLASHCARD QUESTION

Front

The​ ​Consumer​ ​Price​ ​Index​ ​(CPI)​ ​can​ ​be​ ​defined​ ​as

Back

A​ ​measure​ ​of​ ​inflation​ ​based​ ​on​ ​the​ ​cost​ ​of​ ​a​ ​fixed​ ​“market​ ​basket”

2.

FLASHCARD QUESTION

Front

Money loses its value when it becomes too plentiful.

Back

becomes too plentiful

3.

FLASHCARD QUESTION

Front

Inflation is measured by...

Back

Consumer Price Index (CPI).

4.

FLASHCARD QUESTION

Front

The percentage of a deposit that a bank must hold on to is called the ______.

Back

Reserve Requirement

5.

FLASHCARD QUESTION

Front

How many Federal Reserve Districts are in the U.S?

Back

12

6.

FLASHCARD QUESTION

Front

What is the name of our nation's central bank?

Back

The Federal Reserve

7.

FLASHCARD QUESTION

Front

The Fed ______________ banks to ensure the soundness of the banking system.

Back

regulates

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