Fiscal and Monetary Policy

Front

a rise in the cost of goods and services

Back

inflation

Front

Fee charged by the Federal Reserve Bank for other member banks to borrow money from the FED through the discount window?

Back

discount rate

Front

The goal of monetary policy is to

Back

prevent inflationary and recessionary economic periods

Front

"The Fed" refers to the....

Back

Federal Reserve System/Bank

Front

The federal government is attempting to encourage spending by consumers and businesses, a fiscal policy BEST serving this purpose would be: decreasing taxes, decreasing government spending, reducing the investment tax credit, balancing the budget

Back

decreasing taxes

Front

If the United States is experiencing inflation, the Fed will likely

Back

Decrease the supply of money in the economy

Front

In a recession, the Fed would likely

Back

Increase the supply of money in the economy

Front

Does increasing the money supply cause inflation or deflation?

Back

Inflation

Front

number of federal reserve district banks?

Back

12

Front

Money loses its value when it: It becomes too plentiful, becomes too portable, is divisible, is durable

Back

becomes too plentiful