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WorksheetsLast Chance Quiz Dance
Total questions: 15
Worksheet time: 30mins
IN WHAT YEAR WAS THE FIRST NATIONAL BANK FOUNDED?
1776
1789
1787
1791
WHAT WAS THOMAS JEFFERSON’S VIEW OF THE BANKS?
Jefferson was completely against the idea of a central bank.
Jefferson was completely in favor of a strong central bank.
Jefferson was in between and compromised like Washington.
Jefferson was fine with a central bank if well-regulated.
IN WHAT YEAR WAS THE SECOND NATIONAL BANK FOUNDED?
1812
1816
1869
1913
WHAT WAS ANDREW JACKSON’S VIEW OF THE BANKS?
Andrew Jackson killed the Second National Bank.
Andrew Jackson built the Second National Bank.
Andrew Jackson was strongly in favor of a central bank, and now his face is on the $20.
Andrew Jackson was skeptical of banks, but didn't mind them.
WHERE WAS THE FEDERAL RESERVE PLANNED?
Miami, FL
Jekyll Island, GA
Washington, D.C.
New York, NY
IN WHAT YEAR WAS THE FEDERAL RESERVE SYSTEM FOUNDED?
1913
1918
1929
1899
WHAT IS THE DEFINITION OF FEDERAL?
Part of Washington, D.C.'s government.
A decentralized structure with a central hub.
A completely decentralized alliance.
A large centrally controlled government.
WHAT IS THE MOST IMPORTANT ROLE OF THE FED'S BOARD OF GOVERNORS?
They set interest rates in the FOMC which manages inflation/deflation.
They set guidelines regarding civil liberties.
They determine where certain property can be built via zoning regulations.
They decide on the design and security features of our money.
WHO APPOINTS THE CHAIR OF THE FEDERAL RESERVE BOARD OF GOVERNORS?
Appointed by the U.S. President
A vote between the 50 state governors.
A vote between CEO's of member banks.
A vote from the citizens of all 50 states.
WHAT IS THE NAME OF THE CURRENT CHAIR OF THE FEDERAL RESERVE?
Ben Bernanke
Janet Yellen
Jerome Powell
Alan Greenspan
WHAT IS THE MAJOR ROLE OF THE FEDERAL RESERVE SYSTEM?
To be a lender of last resort for US banks and governments
To be a money lender for different countries.
To regulate the US stock market.
To secure the nation's gold and silver deposits.
HOW MANY REGIONAL BANKS MAKE UP THE SYSTEM?
19
12
13
15
WHICH REGIONAL BANK COVERS MIAMI?
New York
Atlanta
Tampa
Tallahassee
WHERE IS THE LOCATION OF THE MIAMI BRANCH OF THE FEDERAL RESERVE?
Brickell
Downtown Miami
Coral Gables
Doral?
Again, what is the real name of the U.S. Dollar?
Staler.
Federal Reserve Note.
...the U.S. Dollar.
Treasury Note.
