A bank that can lend to other banks in times of need.
Money & Banking

Quiz
•
Social Studies
•
12th Grade
•
Hard
RYAN MCKELVY
Used 4+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
City bank
State bank
Central Bank
Specie
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
This is money by government decree, has no alternate value
Specie
fiat money
gold standard
barter
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Money in the form of gold or silver coins
Federal Reserve Note
fiat money
Gold certificate
Specie
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The privately owned, publicly controlled central bank of the U.S.
Federal Reserve System
Bank of the United States
FDIC
State bank
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Paper currency issued by the fed
Washington Notes
State Notes
Federal Reserve Notes
Specie
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Sudden rush by depositors to withdraw their deposited funds from banks
Bank holiday
Bank run
Gold standard
Panic
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
U.S. government institution that provided insurance on depositor’s accounts
FDIC
Federal Reserve
Bank of the United States
Central Bank
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