The Federal Reserve System

The Federal Reserve System

6th - 8th Grade

13 Qs

quiz-placeholder

Similar activities

8 EMS - The Accounting Cycle

8 EMS - The Accounting Cycle

8th - 9th Grade

10 Qs

Unit 4: Credit

Unit 4: Credit

7th Grade - University

15 Qs

Nike Trivia (Eli)

Nike Trivia (Eli)

KG - Professional Development

10 Qs

Business Etiquette

Business Etiquette

7th Grade

10 Qs

Cashflow

Cashflow

2nd - 11th Grade

10 Qs

Internal and external communication

Internal and external communication

7th Grade

15 Qs

Stages of Economic Integration

Stages of Economic Integration

6th - 12th Grade

10 Qs

EDUCAÇÃO FISCAL

EDUCAÇÃO FISCAL

6th - 8th Grade

10 Qs

The Federal Reserve System

The Federal Reserve System

Assessment

Quiz

Business

6th - 8th Grade

Practice Problem

Medium

Created by

Josalyn Dunlap

Used 90+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the main job of the Federal Reserve?

To collect taxes for the government.
To oversee international trade agreements.
To manage the country's monetary policy.
To regulate the stock market.

2.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

  1. When was the Federal Reserve System created?

November 11, 1918
July 4, 1776
December 23, 1913
January 1, 1900

3.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

  1. How many regional Federal Reserve Banks are there in the U.S.?

12
10
15
8

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

  1. Who is in charge of setting interest rates in the Federal Reserve System?

Federal Reserve Bank Presidents
Department of Treasury
Board of Governors
Federal Open Market Committee (FOMC)

5.

MULTIPLE CHOICE QUESTION

30 sec • 8 pts

  1. What is one tool the Federal Reserve uses to control inflation?

Increasing government spending
Lowering taxes
Implementing price controls
Adjusting the federal funds rate

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What are the three functions of the Federal Reserve?

Setting tax rates for individuals
Conducting monetary policy, supervising and regulating banks, providing financial services.
Issuing government bonds
Managing international trade agreements

7.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

What is the definition of Monetary Policy?

Monetary policy is the process of setting fiscal budgets for government departments.
Monetary policy refers to government spending and taxation decisions.
Monetary policy is the regulation of trade tariffs and import quotas.
Monetary policy is the process by which a central bank manages the money supply and interest rates to influence economic activity.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?

Discover more resources for Business