Econ 4-3 Monetary Policy

Econ 4-3 Monetary Policy

12th Grade

16 Qs

quiz-placeholder

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Econ 4-3 Monetary Policy

Econ 4-3 Monetary Policy

Assessment

Quiz

Specialty

12th Grade

Medium

Created by

Sarah Smith

Used 7+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money circulating at any given point in time is

barter
fiat money
commodity money
money supply

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks bring together...

savers and spenders

savers and borrowers

dealers and druggies

cheeseburgers and fries

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This is a system requiring financial institutions to set aside a fraction of their deposits in the form of reserves or vault cash.

fractional reserve system
legal reserves
reserve requirement
member bank reserves

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Interest rate that the Federal Reserve System charges on loans to the nation's financial institutions.

discount rate
prime rate
monetary rate
explicit rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

what is the purpose of Monetary Policy?

contribute to economic growth and stability
makes Kanye have a better chance to be President
Functions like Fiscal Policy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Through open market operations, the Federal Reserve buys and sells government securities to influence the supply of bank reserves.  When the Fed wants to increase reserves, it does what?

Sells Securities
Buys Securities
Nothing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monetary policy refers to what the Federal Reserve does to influence the amount of _____ in the U.S. economy.

Money Supply

Gold Reserves

Interest

Taxes

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