Macro - The Federal Reserve - Per 1 - Fall 2024

Front

"The Fed" refers to the....

Back

Federal Reserve System

Front

Influencing the economy by changing the reserve requirement is called:

Back

Monetary policy

Front

What does Inflation do to the value of money?

Back

Makes it go down.

Front

Does increasing the money supply cause the economy to grow or shrink?

Back

Grow

Front

The primary role of the Federal Reserve Bank is to steer the economy by controlling the budget or controlling the money supply?

Back

controlling the money supply.

Front

In a recession, the Fed would likely

Back

Increase the supply of money in the economy

Front

The Federal Reserve can increase __________, which makes banks more selective when loaning out money

Back

Reserve Requirements

Front

The tools and strategies used by the Fed to stabilize the economy are called...

Back

Monetary policy

Front

The Federal Reserve uses ______ to regulate the money supply.

Back

Open Market Operations

Front

The Federal Reserve...

Back

Regulates the amount of money, Supervises Banks, Provides Financial Services.