
money, the fed and monetary policy
Authored by W K Couch
Social Studies
12th Grade
Used 16+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The primary decision making body of the Federal Reseve is the .....
Board of Governors
Congress
Federal Open Market Comittee (FOMC)
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The money multiplier is the inverse of the .....
Discount rate
required reserve rate (ratio)
federal funds rate
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
If the economy is suffering from a recessionary gap, the Fed should conduct_______________ monetary policy by _________________the money supply.
expansionary; decrease
expansionary; increase
contractionary; decrease
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The three main monetary policy tools are:
interest rates, taxes, government purchases, and transfers.
currency, near-moneys, and reserve ratio.
reserve requirements, the discount rate, and open-market purchases.
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Expansionary monetary policy in the United States causes U.S. interest rates________________ to and the dollar to ________________.
decrease; depreciate
decrease; appreciate
increase; appreciate
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
An example of a double coincidence of wants is:
a car dealer who wants a TV and an electronics store owner who wants money
a car mechanic who wants a TV and an owner of an electronics store who wants a car repaired.
an electronics store owner who wants car repairs and a car mechanic who wants money.
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What makes Fiat money have value?
gold
silver
faith
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