The Federal Reserve

The goal of monetary policy is to 

• sell bonds
• reduce unemployment
• seek price stability
• red and blue

In a recession, the Fed would likely

• Increase the supply of money in the economy
• Decrease the supply of the money in the economy

How many federal banks are there?

• 12

• 10

• 14

• 13

The Fed keeps a certain amount of money out of circulation. This is referred to as the...

• Reserve requirement

• Emergency Fund

• Stockpile

• Hoard

"The Fed" refers to the....

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

The tools and strategies used by the Fed to stabilize the economy are called...

• Fiscal policy

• Monetary policy

• Tight Money

• Easy Money

Influencing the economy by changing the reserve requirement is called:

• Fiscal policy
• Monetary policy
• Tight Money
• Easy Money

The Federal Reserve can increase __________, which makes banks more selective when loaning out money

• Reserve Requirements
• Percentage/Earnings Ratios
• Dividends
• Blue Chip Stocks

The current chairperson of the Federal Reserve is:

• Jerome Powell

• Alan Greenspan

• Ben Bernanke

• Janet Yellen

A rise in the cost of goods and services is called...

• inflation

• discount rate

• interest

• deflation