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17 questions
Fee charged by the Federal Reserve Bank for other member banks to borrow money from the FED through the discount window?
inflation
interest
discount rate
reserve requirement
The goal of monetary policy is to
sell bonds
reduce unemployment
prevent inflationary and recessionary economic periods
increase tariffs on foreign countries
"The Fed" refers to the....
Federal Bureau of Investigation
Federal Government
Federal Reserve System/Bank
Federal Income Tax
number of federal reserve district banks?
5
10
12
21
What are two main monetary tools the government has?
government spending and reserve requirement
taxes and government spending
buy/selling bonds and discount rate
discount rate and taxes
Which answer below is something that the FED does NOT do?
buy/sell bonds
increase/decrease discount rate/fed funds rate
increase/decrease income tax rates
increase/decrease reserve requirement
Choose the 2 answers below that are fiscal policy tools of the Federal Government
Local referendums
Taxes
Discount Rate
Government Spending
If the economy was going into a recession, what would the Federal government do with taxes?
increase them
do nothing
decrease them
If the economy was going into an inflationary period, what would the Federal government do with government spending?
increase it
do nothing
decrease it
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