Federal Reserve

What is the main role of the Federal Reserve?

• Regulate the stock market

• Provide healthcare services

• Manage monetary policy and regulate banks

• Handle foreign policy decisions

Name one function of the Federal Reserve.

• Operating public transportation

• Issuing driver's licenses

• Conducting monetary policy

• Managing national parks

How many Federal Reserve districts are there in the United States?

• 12

• 15

• 8

• 5

When was the Federal Reserve System established?

• December 23, 1913

• September 11, 2001

• July 4, 1776

• March 4, 1789

Which President signed the Federal Reserve Act into law?

• Thomas Jefferson

• Woodrow Wilson

• Abraham Lincoln

• George Washington

What are the two main components of the Federal Reserve System?

• Board of Governors, Federal Open Market Committee

• Internal Revenue Service, Securities and Exchange Commission

• Treasury Department, Securities and Exchange Commission

• House Financial Services Committee, Senate Banking Committee

What is the primary tool used by the Federal Reserve to influence the economy?

• Fiscal policy

• Trade agreements

• Foreign aid

• Monetary policy

In which city is the Federal Reserve Bank of New York located?

• Los Angeles

• Miami

• Chicago

• New York City

What does the Federal Open Market Committee (FOMC) primarily focus on?

• Setting the nation's monetary policy

• Regulating the stock market

• Overseeing national parks

• Managing healthcare policies

Which entity is responsible for printing and minting the U.S. currency?

• The Department of the Treasury

• The Federal Reserve

• The Securities and Exchange Commission

• The Internal Revenue Service