The Federal Reserve and Banking

Front

Fee charged to borrow money

Back

Interest

Front

Influencing the economy by changing the reserve requirement is called:

Back

Monetary policy

Front

In a recession, the Fed would likely

Back

Increase the supply of money in the economy

Front

If the United States is experiencing inflation, the Fed will likely

Back

Decrease the supply of money in the economy

Front

If the economy is expanding too quickly, what type of monetary policy will the Federal Reserve institute?

Back

Contractionary

Front

The central bank of the United States is the:

Back

Federal Reserve Banking System.

Front

A rise in the cost of goods and services is called...

Back

inflation

Front

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

Back

regulates

Front

The Federal Reserve...

Back

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

Front

The Fed's primary goal is

Back

price stability