Monetary Policy

Monetary Policy

12th Grade

25 Qs

quiz-placeholder

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Monetary Policy

Monetary Policy

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Chad Wakeley

Used 18+ times

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25 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What are the Fed's 2 Mandates

Stable prices

Full employment

Low interest rates

To maximize profit

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The Fed buys bonds...

Contractionary

Expansionary

Answer explanation

By buying bonds, the Fed is introducing more currency into the money supply

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The Fed decreases the reserve requirement

Expansionary

Contractionary

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Price stability and low unemployment rate

Dual mandate of the Fed

Goals of banks in the economy

The two items monitored by Congress

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Increasing the federal funds rate

Expansionary

Contractionary

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The Federal Reserve was created in 1913 by...

A Constitutional Amendment

President Woodrow Wilson

Congress

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The Fed is divided into ___ regions/districts

12

99

10

50

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