Monetary Policy

Monetary Policy

12th Grade

•

29 Qs

quiz-placeholder

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Monetary Policy

Monetary Policy

Assessment

Quiz

•

Social Studies

•

12th Grade

•

Easy

Created by

Robert Gray

Used 3+ times

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29 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When the government spends more money than they take in each year is called a _________?

Debt
Deficit
Surplus
Expansionary

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

"The Fed" refers to the....

Federal Bureau of Investigation
Federal Government
Federal Reserve System
Federal Income Tax

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

what is the purpose of Monetary Policy?

contribute to economic growth and stability

keep rich people from getting too rich

Functions like Fiscal Policy

give Congress and the political parties more control of the economy

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

These are IOUs from the U.S. government to people that finance a little piece of the government's debt in exchange for a very small amount of interest

Government Bonds, or Securities

Government Credit

Government Cash

Government Holdings

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The primary role of the Federal Reserve Bank is to steer the economy by

controlling the budget
setting spending levels.
controlling the money supply.
loaning out money.

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Cash that banks must keep in the vault.

excess reserves
fiscal policy
required reserves
crowding out effect

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following would the FED use to increase the money supply?

raise the discount rate
raise the required reserves
buy bonds/securities
print more money

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