Fed, Supply, Companies

Front

Which is a goal of the Federal Reserve's monetary policy?

Back

Create price stability in the economy

Front

If the Fed wanted to increase economic activity (ease monetary policy), which might they do? Options: Increase reserves, limiting what banks can loan; Increase the interest rate; Decrease the interest rate; Lower taxes

Back

Decrease the interest rate

Front

Fee charged to borrow money

Back

Interest

Front

The primary role of the Federal Reserve Bank is to steer the economy by

Back

controlling the money supply.

Front

In a recession, the Fed would likely

Back

Increase the supply of money in the economy

Front

If the economy is expanding too quickly, the Federal Reserve will try to stabilize the economy by doing what?

Back

decreasing money supply

Front

How is the Chair of the Federal Reserve selected?

Back

Appointed by POTUS and approved by the Senate

Front

Who is the current Chairman of the Federal Reserve?

Back

Jerome Powell

Front

"The Fed" refers to the....

Back

Federal Reserve System

Front

The interest rate the Fed charges commercial banks for loans

Back

Discount Rate