Economics Exit Ticket
Quiz by Christy Bruce
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5 questions
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- Q1How does the Fed increase the money supply?Lower the discount rateDecrease required reservesLess bonds in circulationAll the above30s
- Q2What is the most important function of money?Unit of accountMoney marketMedium of ExchangeStore of value30s
- Q3Which of the following is not near money?Savings accountSmall time depositsMoney Market Mutual FundCredit Card30s
- Q4Who creates monetary policy?Secretary of financeCongressThe Federal ReserveThe president30s
- Q5What is the most used monetary policy tool?Discount rateOpen market operationsRequired reservesAll the above30s