What is the Federal Reserve often referred to as?
Federal Reserve Functions and Roles

Passage
•
Social Studies
•
5th Grade
•
Easy
Art Rivera
Used 1+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
America's central bank
A local credit union
A savings account
A stock market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In what year was the Federal Reserve created?
1900
1913
1920
1935
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main purposes of the Federal Reserve?
To create new banks
To make the banking system safer
To print money for individuals
To manage personal savings accounts
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the roles of the Federal Reserve?
To make snacks more expensive
To ensure banks are safe places to keep money
To increase taxes
To build new schools
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important for the Federal Reserve to keep prices stable?
So snacks become too expensive
To ensure prices don't get too high
To make everything free
To increase inflation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Fed control that affects your parents' mortgage payments?
Interest rates
Grocery prices
School fees
Electricity bills
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Fed help protect your family's money?
By controlling the weather
By managing bank security
By controlling interest rates
By providing free insurance
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