The Fed

There are _______ Regional Federal Reserve Banks, and one Federal Reserve Board of Governors.

• 50
• 4
• 12
• 52

The Federal Reserve System was established in

• 1799
• 1913
• 1863
• 1881

What does Inflation do to the value of money?

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

Does increasing the money supply cause inflation or deflation?

• Inflation
• Deflation

The primary role of the Federal Reserve Bank is to steer the economy by

• controlling the budget
• setting spending levels.
• controlling the money supply.
• loaning out money.

Too much money in our economy leads to

• Inflation

• Recession

The Federal Reserve uses ______ to regulate the economy.

• Monetary Policy
• Fiscal Policy

"The Fed" refers to the....

• Federal Bureau of Investigation
• Federal Government
• Federal Reserve System
• Federal Income Tax

The Federal reserve buys government securities to _______ the amount of money in the economy.

• Reduce
• Increase

The Federal reserve sells government securities to _______ the amount of money in the economy.

• Reduce
• Increase