Money + Monetary Policy 2024

Coins and paper bills make up the _____ of the United States.

• barter

• currency

• debt

_____ accept deposits from depositors and lend money to businesses and consumers.

• Financial institutions

• Federal Reserve System

• District banks

The _____ is the central bank of the United States.

• Financial institutions

• Federal Reserve System

• District Banks

_____ carry out Fed policy and oversee banking within its district.

• Financial Institutions

• Federal Reserve System

• District banks

_____ is the changing of the money supply to create economic growth.

• Monetary policy

• Fiscal year

What description best supports the function of the Federal Reserve System?

• State's central bank

• Nation's central bank

• Locality's central bank

• City's central bank

Where is the Federal Reserve located?

• New York, NY

• Hampton, VA

• Washington D.C.

• Richmond, VA

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

• Loans

• Stocks

• Deposits

• Interest

The Fed influences the money supply and interest rates in the economy to keep this low and stable-

• Supply

• Price

• Interest

• Inflation

The Federal Reserve act was signed into law by then president Woodrow Wilson in...

• 1865

• 1913

• 1917

• 1930