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19 questions
Who is in charge of Monetary Policy
The Government
The Federal Reserve System
The states
The Department of the Treasury
Monetary Policy is the Federal Reserve Systems attempt to...
control the amount of money in circulation
control the Federal Government's debt
control state governments' spending
none of these answers are correct.
If the Fed wants to reduce the amount of loans a bank can make, then it should adjust...
Open Market Operations
The Reserve Ratio
The Discount Rate
If the Fed wants to increase the cost of loans, then it should adjust...
Open Market Operations
The Reserve Ratio
The Discount Rate
An expansionary policy means that the Fed is attempting to
increase the size of the nation's money supply
decrease the size of the nation's money supply
A contractionary policy means that the Fed is attempting to
increase the size of the nation's money supply
decrease the size of the nation's money supply
Which policy would help fight inflation?
Expansionary
Contractionary
Which policy would help fight unemployment?
Expansionary
Contractionary
During a recession, the Fed should use...
an expansionary policy
a contractionary policy
During an expansion, the Fed should use...
an expansionary policy
a contractionary policy
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