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Mac7: Fed structure, monetary policy, 3 econ goals
By Jeffrey See
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Last updated over 6 years ago
5 questions
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Question 1
1.
Question 2
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Question 3
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Question 4
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Question 5
5.
The 7 member group appointed by the president, confirmed by the senate, and who serve 14 year terms is called:
Board of Governors
Federal Open Market Committee
District Banks
Member Banks
The 12 regional banks and 25 branches that accept deposits from and make loans to other banks is called:
member Banks
District Banks
Federal Open Market Committee
Board of Governors
The 12 voting members who meet 8 times a year and decide the course of monetary policy is called:
Board of Governors
Member Banks
Federal Open Market Committee
District Banks
Which government agency controls
monetary policy
?
Congress
Justice Department
Treasury Department
Federal Reserve
The process by which the Federal Reserve controls the money supply, the availability of money and credit to promote a stable economy is called:
Fiscal policy
Interest rate
Monetary policy
Discount rate