The Federal Reserve and Currency

"The Fed" refers to the....

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

What does Inflation do to the value of money?

• Makes it go up.
• Makes it go down.
• Makes it stay the same.

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.

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

To much money in our economy leads to 

• Inflation
• Recession

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

Fill in the blank: The Federal Reserve regulates banks to ensure the soundness of the banking system and safety of ______________________.

• Loans

• Stocks

• Deposits

• Interest