Money, Fiscal & Monetary Policy

Money, Fiscal & Monetary Policy

12th Grade

20 Qs

quiz-placeholder

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Money, Fiscal & Monetary Policy

Money, Fiscal & Monetary Policy

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Dennis Stonefield

Used 138+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

General name for any policy used by the government to help stabilize the economy

Monetary

Fiscal

Fiat

open market operations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many districts, or regions, make up the Federal Reserve System

7

4

12

9

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This function, or use of money, relates to saving money for the future

Medium of Exchange

Store of Value

Standard of Value/Unit of Account

Fiat

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which year did the FED start paying interest on any bank reserves?

1933

1913

2010

2008

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economist get credit for coming up with supply-side economic theory during the 1970's

Milton Friedman

Adam Smith

John Maynard Keynes

Jacob Clifford

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who approves any and all nomination to the Board of Governors

U.S. President

FOMC

Reserve Bank Presidents

U.S. Congress (Senate)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the interest rate banks charge each other for any overnight loans used to meet reserve requirements

Federal Funds Rate

Discount Rate

Open Market Operations

Quantitative Easing (QE)

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