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EPF Monetary Policy Review

Authored by Daniela Ancalle Jimenez

Social Studies

9th - 12th Grade

Used 6+ times

EPF Monetary Policy Review
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14 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is monetary policy?

The government decides how much to spend and tax.

The Federal Reserve decides how much to spend and tax.

The government regulates the amount of money in the economy.

The Federal Reserve regulates de amount of money in the economy.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many district banks does the Fed have?

7

40

1

12

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Who does the Fed serve?

Civilians

Military

Banks

Federal employees

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the three ways that the Fed controls money?

Office of Management and Budget (OMB)

Open Market Operations (OMO)

Discount Rate

Reserve Requirement

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which one is the most used tool by the FED?

Open Market Operations (OMO)

Discount Rate

Reserve Requirement

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does the Fed do to speed up the economy?

Buy securities by depositing money in banks

Sell securities to banks

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the discount rate?

Sale!

The money the Fed charges to give loans to banks

The money the Department of Treasury charges to give loans

The money that must only be spent to pay off the national debt

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