Money, Banks, Federal Reserve, Government Involvement

Which of the following would serve as an intermediary (go-between) for individuals/businesses who deposit money to earn interest and for individuals/businesses who look to borrow money?

• Financial Institutions

• Corporations

• Producers

• FDIC

_________ laws are made to control monopolies and promote competition in the marketplace.

• Private

• Antitrust

• Monopolies

• Merger

The Federal Reserve acts as the ________ of the United States.

• Central Bank

• Antitrust legislation

• Commercial Bank

• Consumer

The FTC stands for what government agency which is responsible for?

• Federal Teaching Commission; educating the consumer

• Federal Trade Commission; stopping unfair market competition

• Federal Television Channel; giving licenses to TV/Radio

• Federal Trade Commission; preventing air and water pollution

What is the rise/increase called in the cost of goods/services called?

• Recession

• Expansion

• Inflation

• Depression

What is the purpose of the FTC, FCC, and EPA?

• agencies that regulate business

• antitrust agencies

• global trade commissions

• commissions that limit competition

Which federal agency is responsible for: maintaining the value of national currency, regulating the banking system, acts as the government's bank, manages the amount of money in the economy?

• Federal Trade Commission

• Environmental Protection Agency

• The Federal Reserve

• Federal Communications Commission

Which statement best describes a monopoly?

• When one company controls all parts of an industry

• When four companies share the profits of a business

• A board game where the winner controls all the properties

• A law to prevent big business from developing

Banks have the power to accept deposits, pay interest, and...?

• Coin Money

• Make Loans

• Sell Real Estate

• Sell Home Insurance

Which agency should Pablo call if he has been getting sick from a factory not disposing of their waste properly (which had an affect on the drinking water Pablo drank)?

• FTC

• FCC

• Federal Reserve

• EPA