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The Federal Reserve

Authored by Maudie Scherry

History

11th - 12th Grade

Used 14+ times

The Federal Reserve
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37 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The number of district banks in the Federal Reserve System

11
12
13
14

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Official nickname for the Federal Reserve Bank

Daddy Bank
Momma Bank
The Fed
Feds

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The interest rate the Fed charges commercial banks for loans

Fed Fund Rate
Reserve Requirement Rate
Discount Rate
I.O.U Rate

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Percentage of deposits that the Fed requires banks to hold back and not lend out

Fed Fund Rate
Reserve Requirement Rate
Discount Rate
I.O.U Rate

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Buying and selling US government securities (bonds) to raise and lower interest rates

Fed Fund Rate
Reserve Requirement Rate
Discount Rate
Open Market Operation

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If we are experiencing a severe recession, the fed should _____ the reserve requirement.

increase
decrease

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If we are experiencing massive inflation, the fed should _____ the reserve requirement.

increase
decrease

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