Monetary Policy
Quiz by Mark Stegall
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
10 questions
Show answers
- Q1Commodity money can be best described asmoney that can be exchanged for a fixed amount of commoditycurrency that the government declares to be money but no backingtrade goods or services between two people without moneya form of money which has intrinsic value30s
- Q2Money that has value simply because the government says it does is called--Representative moneyFiat moneyCreditCurrency30s
- Q3The Federal Reserve System is our nation's ________ bank.ForeignCentralLargestOnly30s
- Q4The Federal Reserve is owned by _____Member BanksForeign InvestorsGovernmentUS Citizens30s
- Q5The decisions of the Federal Government is made by the Board of Governors. How many members?71425930s
- Q6Including divisibility and being limited in supply, what are other characteristics of moneyIt's easily recognizableAll answers are correctIt's portableIt's durable30s
- Q7Medium of exchange, Store value, measure of value. What does the list describe?Federal Reserve notesTypes of moneyCharacteristics of moneyFunctions of money30s
- Q8Reserve requirements, open market, discount rate. What is the BEST category for this lisfunctions of financial institutionsfactors involved in consumer buyingindividual investment choicesTools used to implement monetary policy30s
- Q9charted banks, president appoints chair, Board have 14yr. terms, 12 districts. What's describedstock exchangetreasury departmentWashington, D.C.federal reserve system30s
- Q10Unemployment at 9.1%, GDP ↓, CPI ↓ 2.1%. What is the business cycle phase and responserecession...tight money policyexpansion...easy money policyexpansion...lower reserve requirementrecession...lower discount rate30s