Monetary Policy Quiz (Ch 16 and some 14, 15)

Monetary Policy Quiz (Ch 16 and some 14, 15)

9th - 12th Grade

17 Qs

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Monetary Policy Quiz (Ch 16 and some 14, 15)

Monetary Policy Quiz (Ch 16 and some 14, 15)

Assessment

Quiz

Business, Other

9th - 12th Grade

Practice Problem

Medium

Created by

Nicole Small

Used 13+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the actions the Federal Reserve takes to influence the level of real GDP and the rate of inflation in the economy

monetary policy

fiscal policy

open market operations

monetarism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the twelve banking districts created by the Federal Reserve Act

Federal Reserve Districts

Federal Advisory Council (FAC)

required reserve ratio (RRR)

tight money policy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the research arm of the Federal Reserve

Federal Reserve Council (FAC)

Federal Open Market Committee (FOMC)

money multiplier formula

easy money policy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Federal Reserve committee that makes key decisions about interest rates and the growth of the United States money supply

Federal Open Market Committee (FOMC)

Federal Advisory Council (FAC)

Federal Reserve Districts

open market operations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

ratio of reserves to deposits required of banks by the Federal Reserve

required reserve ratio (RRR)

monetary policy

fiscal policy

monetarism

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

amount of new money that will be created with each demand deposit, calculated as 1/RRR

money multiplier formula

required reserve ration (RRR)

easy money policy

tight money policy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

open market operations

monetary policy

monetarism

Federal Advisory Council (FAC)

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