Macro

Macro

12th Grade

•

35 Qs

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Macro

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Assessment

Quiz

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Social Studies

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12th Grade

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Created by

Javlyn Keeler

Used 2+ times

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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many Federal Reserve District banks are there?

12

9
6
5

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ is the total value amount of goods and service produced within a country's border in a one year time period?

economic output
Gross domestic product
aggregate supply
aggregate demand

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

_____ is a rate that a bank pays customers for keeping their money

collateral 
interest
currency
deposit

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

amount of deposits that banks are required to keep on hand

monetary policy
money creation
reserve requirements
prime rate

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If the United States is experiencing inflation, the Fed will likely

Increase the supply of money in the economy
Decrease the supply of money in the economy

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

interest rate that the Federal Reserve charges commercial banks for loans

discount rate
monetary policy
inside lag
tight money policy

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

buying and selling of government securities in order to alter the supply of money

open market operations
tight money policy
outside lag
inside lag

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