Monetary Policy INTRO

Front

Who is in charge of Monetary Policy? Options: The Government, The Federal Reserve, The states, The Department of the Treasury

Back

The Federal Reserve

Front

Monetary Policy is the Federal Reserve Systems attempt to...

Back

control the amount of money in circulation

Front

An expansionary policy means that the Fed is attempting to

Back

increase the size of the nation's money supply

Front

A contractionary policy means that the Fed is attempting to

Back

decrease the size of the nation's money supply

Front

Which policy would help fight inflation? Options: Expansionary, Contractionary

Back

Contractionary

Front

Which policy would help fight unemployment?

Back

Expansionary

Front

During a recession, the Fed should use...

Back

an expansionary policy

Front

During an expansion, the Fed should use...

Back

a contractionary policy

Front

Which of the following scenarios would cause the nation’s money supply to increase? Decreasing government spending, Lowering interest rates, Raising interest rates

Back

Lowering interest rates

Front

"The Fed" is the nickname for the:

Back

Federal Reserve Bank of the United States