What is the Federal Reserve?
The Federal Reserve

Flashcard
•
Social Studies
•
12th Grade
•
Hard
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12 questions
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1.
FLASHCARD QUESTION
Front
Back
The central bank of the United States
2.
FLASHCARD QUESTION
Front
Monetary policy primarily deals with...
Back
the amount of money in circulation.
3.
FLASHCARD QUESTION
Front
What is something the Federal Reserve System does NOT do? Loan money to banks, Set the reserve rate, Set the discount rate, Design currency
Back
Design currency
4.
FLASHCARD QUESTION
Front
"The Fed" refers to the....
Back
Federal Reserve System
5.
FLASHCARD QUESTION
Front
Influencing the economy by changing the reserve requirement is called:
Back
Monetary policy
6.
FLASHCARD QUESTION
Front
What does Inflation do to the value of money?
Back
Makes it go down.
7.
FLASHCARD QUESTION
Front
The primary role of the Federal Reserve Bank is to steer the economy by
Back
controlling the money supply.
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