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Role and Functions of the Federal Reserve

Last updated about 7 years ago

7 Nsɛmmisa

Hyɛ no nsow a efi ɔkyerɛwfo no hɔ:

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Asemmisa {{asɛmmisaAhyɛnsode}}

1.

The purpose of the Federal Reserve is to

reduce the amount of money in the economy.

promote price stability and economic growth.

to ensure the government has plenty of money.

to manipulate the money supply.

Asemmisa {{asɛmmisaAhyɛnsode}}

2.

Which level of the Federal Reserve does "A" refer to in the diagram above?

District Banks

Member Banks

Federal Open Market Committee (FOMC)

Board of Governors

Asemmisa {{asɛmmisaAhyɛnsode}}

3.

Which level of the Federal Reserve does "B" refer to in the diagram above?

Federal Open Market Committee (FOMC)

District Banks

Member Banks

Board of Governors

Asemmisa {{asɛmmisaAhyɛnsode}}

4.

Which component of the Federal Reserve system does "C" refer to in the diagram above?

Board of Governors

District Banks

Federal Open Market Committee (FOMC)

Member Banks

Asemmisa {{asɛmmisaAhyɛnsode}}

5.

Which component of the Federal Reserve system does "D" refer to in the diagram above?

District Banks

Board of Governors

Federal Open Market Committee (FOMC)

Member Banks

Asemmisa {{asɛmmisaAhyɛnsode}}

6.

The Federal Reserve serves as the bank for the United States government.

Nokorɛ

Ɛnyɛ ampa

Asemmisa {{asɛmmisaAhyɛnsode}}

7.

The Federal Reserve regulates banks and provides currency to the banking system.

Nokorɛ

Ɛnyɛ ampa