CE.13d,f Review - Federal Reserve & Money

This cartoon shows that the Federal Reserve System is —

• the federal government's bank

• responsible for legislative purchases

• the federal government's tax collector

• accountable for legislative actions

A goal of the Federal Reserve System is to-

• Set the tax rate

• Maintain the value of currency

• Keep the inflation rate high

• Give tax money to the government

What is the best title for the diagram?

• Stocks and Bonds

• Public Goods

• Money

• Barter System

Paper money and coins used in a particular country.

• Federal Reserve System

• Antirust Laws

• Financial Capital

• Currency

• 14th Amendment

• 15th Amendment

• 16th Amendment

• 24th Amendment

There are _______ Regional Federal Reserve Banks, and one Federal Reserve Board of Governors.

• 50
• 4
• 12
• 52

The Federal Reserve maintains the _______ of our currency.

• value
• design
• trading
• color

The "Fed" ______________ banks to ensure the soundness of the banking system.

• regulates
• closes
• opens
• runs

Which is NOT a role of the Federal Reserve system?

• Regulating banks

• Maintaining value of currency

• Acting as the governments bank

• Monitoring the president

______ can coin (print) money.

• Banks

• Citizens

• The US Government

• Zach