
Money, Banking, & The FED
Authored by Blake Johnson
Social Studies
12th Grade
Used 8+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The central bank in the USA that regulates the monetary system is known as
IRS
FDIC
FED
Social Security
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Monetary Policy is controlled by
The Federal Reserve Bank
The Legislative Branch
The President
Congress
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are characteristics of Money (Check ALL that apply)
Portable
Durable
Easily Divisible
Available, but in limited supply
Available, in unlimited supply
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
All of the following are functions of money, EXCEPT
Medium of Exchange
Measure of Value
Inflation Proof
Store of Value
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The FED keeps a certain amount of money out of circulation. This is referred to as
Hoard
Emergency Fund
Stockpile
Reserve Requirement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The FED does all of the following, EXCEPT
Raise taxes
Act as government's bank
Regulate banking activity
Provide check clearing services
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The FED was created
Post Revolutionary War
Post Civil War
Post WW2
Post Vietnam War
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