Money and Banks

Which is not a purpose of banks?

• store money
• cash checks
• sell insurance
• give checking accounts

Federal Reserve _______ are a form of currency.

• Napkins
• Notations
• Notes
• Nuggets

____________ are metallic in nature and are a form of currency.

• Dollars
• Checks
• Loans
• Coins

Which is a third type of money in the United States after Federal Reserve Notes and coins?

• deposits in bank accounts accessed by checks or debit cards
• mortgage loans
• car payments
• interest payments

____________ Policy is how the Fed influences the supply of money.

• Fiscal
• Financial
• Monetary
• Insurance

What acts as the bank for the banks and promotes a healthy economy?

• The Federa Reserve
• FBI
• SunTrust
• The Federal Notes