The Federal Reserve

There are _______ Regional Federal Reserve Banks, and one Federal Reserve Board of Governors.

• 50
• 4
• 12
• 52

To much money in our economy leads to 

• Inflation
• Recession

The Federal Reserve is called "The Bankers Bank" because it supervises banks.

• False
• True

What is the name of our nation's central bank?

• The Federal Reserve
• The United States National Bank
• The National Bank of the United States
• Bank of America

The Federal Reserve maintains the _______ of our currency.

• value
• design
• trading
• color

The Fed ______________ banks to ensure the soundness of the banking system.

• regulates
• closes
• opens
• runs

The ___________ acts as the federal government's bank

• Federal Reserve Bank
• Bank of America
• First Bank of the United States
• National Bank of the United States

The fed manages the amount of __________ in the economy to try to keep inflation low and stable.

• money
• people
• companies
• credit cards

The Federal Reserve...

• Regulates the amount of money in circulation

• Supervises banks

• Provides financial services to banks and the public

• All of the above.

The amount of deposits that banks are required to keep on hand is called...?

• monetary policy

• money creation

• reserve requirements

• prime rate