Federal Reserve--SOL 13

What is the CENTRAL bank of the United States called?

• Wells Fargo

• The Pentagon

• The Federal Reserve

• The Federal Government

What does the Federal Reserve maintain the value of?

• The Congress

• The President

• US banks

• The US currency

What does the Federal Reserve REGULATE?

• Companies

• US banks

• Trade

• Environmental laws

What does the Fed strive to keep low?

• Consumption

• Inflation

• Deflation

• Taxes

The Federal Reserve acts as the ________________________'s bank.

• state government

• White House

• federal government

• Virginia's

All of the following are reasons the government provides some goods and services EXCEPT

• The government can provide them more effectively

• The government has control over all aspects of the US economy

• The government can provide them more efficiently

• The government has more resources at its disposal than most individuals

The government promotes market place competition by all of the following EXCEPT

• Enforcing anti-trust (monopoly) legislation to discourage the development of monopolies

• Owning all utilities

• Engaging in global trade

• Supporting business start up

Which of the following agencies works to prevent the development of monopolies?

• FCC

• FAA

• FTC

• EPA

Which of the following agencies works to ensure that we have clean drinking water?

• FCC

• FAA

• FTC

• EPA

ALL of the following are examples of public goods and services EXCEPT

• Clothing stores

• National defense

• Interstate highways

• Postal service