Federal Reserve, Monterey & Fiscal Policy

Federal Reserve, Monterey & Fiscal Policy

9th - 12th Grade

40 Qs

quiz-placeholder

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Federal Reserve, Monterey & Fiscal Policy

Federal Reserve, Monterey & Fiscal Policy

Assessment

Quiz

Social Studies

9th - 12th Grade

Easy

Created by

Rickey Taylor

Used 1+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"The Fed" refers to the....

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

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Federal Reserve System was established in

1799
1913
1863
1881

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Federal Reserve

is made up of 12 district banks and 25 branch banks.
is managed by a 12-member board of directors.
is made up of district banks that operate independently from one another.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Fee charged to borrow money

Inflation
Interest
Discount rate
Reserve requirement

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which part of the Fed decides when to raise or lower interest rates?

Board of Governors
Advisory Committee
Chairman
Federal Open Market Committee

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Influencing the economy by changing the reserve requirement is called:

Fiscal policy
Monetary policy
Tight Money
Easy Money

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Does increasing the money supply cause inflation or deflation?

Inflation
Deflation

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