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Home Page Social Science Economics Exam: 04.03 How Does The Fed Affect Me Quiz - Flashcards

Exam: 04.03 How Does The Fed Affect Me Quiz – Flashcards

Marvel Brown
7 July 2022

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question
In which of the following scenarios would the Board of Governors be most likely to intervene?
answer
Economic data for the year are released and require analysis.
question
Which event involves a function of the Federal Reserve System?
answer
To promote economic growth, the Fed lifts home-loan restrictions on people with student-loan debt.
question
Which organization provides leadership for the Federal Reserve System?
answer
Board of Governors
question
Which organization sets monetary policy for the United States?
answer
Federal Open Market Committee
question
In which of the following scenarios are the Federal Reserve Banks most likely to intervene?
answer
Several member banks run low on currency and coin.
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