Fiscal and Monetary Policy

Fiscal and Monetary Policy

12th Grade

11 Qs

quiz-placeholder

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Fiscal and Monetary Policy

Fiscal and Monetary Policy

Assessment

Quiz

Social Studies

12th Grade

Hard

Created by

Addrienne Capuson

Used 4+ times

FREE Resource

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the tasks listed below is one of the tasks conducted by the Federal Reserve System?

executing fiscal policy

printing money

setting the federal government budget

making loans to commercial banks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Due to inflation, the Federal Reserve decides to decrease the money supply. Which of the following will the Federal Reserve most likely do?

decrease the discount rate

buy bonds

raise the reserve requirements

implement expansionary monetary policy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When banks borrow money from the Fed. the price of the loan is known as...

open market operations

federal funds rate

discount rate

reserve requirements

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percentage of each deposit a bank must keep in its vaults and not loan out is called

extra reserves

excess reserves

required reserves

requested reserves

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sam is saving the money he earns from his part time job as a cook at Burger King to buy a car. Sam is illustrating which function of money?

portability

medium of exchange

store of value

unit of account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Peyton takes Jordan on a date. They have dinner at Long Horn which cost him and then they head to see a movie.

This date illustrates which function of money?

medium of exchange

divisibility

standard of value

unit of account

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Federal Reserve System is comprised of ______ districts, a board of governors, member banks, and the federal open market committee.

24

12

8

50

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