Federal Reserve review

Federal Reserve review

11th - 12th Grade

25 Qs

quiz-placeholder

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Federal Reserve review

Federal Reserve review

Assessment

Quiz

History, Social Studies

11th - 12th Grade

Hard

Created by

MELODY DEITRICK

Used 6+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way the Federal Reserve System regulates economic activity?

Regulating tariff rates on foreign imports
Regulate production on consumer goods
Regulating the amount of money in circulation 
Regulating spending by the federal government

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might lawmakers increase taxes and decrease government spending?

to reduce unemployment

to increase consumer spending

to decrease the level of demand

to encourage corporate spending

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Federal Reserve was founded in response to

The Great Depression in the 1930s

The Great Recession from 2007-2009

Bank failures and panics around the beginning of the 20th century

The end of World War Two to help the global economy recover

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the Fed wanted to expand or ease monetary policy, which might they do?

Increase reserves, limiting what banks can loan

Increase the interest rate

Decrease the interest rate

Lower taxes

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the Fed wanted to contract or tighten the economy to help fight inflation, they might

Increase reserves to limit what banks can loan out

Lower the interest rate

Decrease reserves allowing banks to loan more

Decrease government spending

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Fee charged to borrow money

Inflation
Interest
Discount rate
Reserve requirement

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does Inflation do to the value of money?

Makes it go up.
Makes it go down.
Makes it stay the same.

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