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Money and Monetary Policy

Authored by Sara Howard

Social Studies

11th - 12th Grade

Used 21+ times

Money and Monetary Policy
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11 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"The Fed" refers to the....

Federal Bureau of Investigation

Federal Government

Federal Reserve System/Bank

Federal Income Tax

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

increase the interest on reserve balances

decrease the interest on reserve balances

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a recession, the Fed would likely

increase the interest on reserve balances

decrease the interest on reserve balances

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

number of federal reserve district banks?

5

10

12

21

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What happens when the FED implements contractionary monetary policy?

interest rates rise

interest rates lower

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What action would the Federal Reserve take to control inflation?

Buy government securities

Decrease the required reserve ratio

Increase taxes

Increase the IORB

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Some central banks require that the banks keep a percentage of each deposit. This is referred to as....

Reserve requirement

Emergency Fund

Stockpile

Hoard

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