Federal Reserve Bingo
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards1/9
There's no tags or description
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai | Chat |
|---|
No analytics yet
Send a link to your students to track their progress
10 Terms
Federal Reserve Bank
One of the 12 operating arms of the Federal Reserve System, located throughout the nation, that together with their 25 Branches carry out various System functions, including operating a nationwide payments system, distributing the nation's currency and coin, supervising and regulating banks, analyzing economic conditions, and serving as banker for the U.S. Treasury.
How many Federal Reserve Banks are there?
12
As a part of the dual mandate, the federal reserve aims to have what impact on prices?
Stabie prices
What is the name of the public part of the Federal Reserve located in Washington, DC?
Board of Governors
What is the group within the Federal Reserve System responsible for monetary policy decisions?
The Federal Open Market Committee
What role does the Federal Reserve play when it lends money to a bank at the discount rate?
Lender of Last Resort
As a part of the dual mandate, the federal reserve aims to have what impact on employment?
Maximum Employment/Low Unemployment
How many Federal Reserve District bank presidents serve as voting members of the Federal Open Market Committee at any given time?
5
Who is the current chairman of the federal reserve?
Jerome Powell
How long is the term for a Governor on the Board of Governors?
14 years