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Film: Inside The Fed

The document contains questions about the major functions, goals, structure, and history of the Federal Reserve System. It asks about the number of Federal Reserve Banks, what the Fed does with worn currency, how it helps banks in emergencies, the most important banking element it provides, when and why it was created, what a "run" is, how it ensures bank health, what monetary policy means, the primary cause of inflation, how inflation negatively affects the economy, and the relationship between the money supply, interest rates, and prices. It also asks questions about who owns the Fed, why it has a regional structure, who appoints top officials, the role of the Board of Governors, the primary function of the FO

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0% found this document useful (0 votes)
8 views

Film: Inside The Fed

The document contains questions about the major functions, goals, structure, and history of the Federal Reserve System. It asks about the number of Federal Reserve Banks, what the Fed does with worn currency, how it helps banks in emergencies, the most important banking element it provides, when and why it was created, what a "run" is, how it ensures bank health, what monetary policy means, the primary cause of inflation, how inflation negatively affects the economy, and the relationship between the money supply, interest rates, and prices. It also asks questions about who owns the Fed, why it has a regional structure, who appoints top officials, the role of the Board of Governors, the primary function of the FO

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api-97353646
Copyright
© Attribution Non-Commercial (BY-NC)
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Download as DOC, PDF, TXT or read online on Scribd
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Film: Inside the Fed 1. Explain the major functions and goals of the Federal Reserve System.

2. How many Federal Reserve Banks are there? 3. What does the Federal Reserve do with worn out money? 4. How does the Fed help banks in emergency situations?

5. What is the most important element of banking that the Fed provides?

6. When was the Fed created? By whom? What was its original purpose?

7. What is a run?

8. How does the Fed ensure that banks remain healthy?

9. Explain what is meant by monetary policy.

10. What is the primary cause of inflation?

11. How does inflation negatively affect the economy?

12. Explain the relationship between the money supply, interest rates, and prices in the economy.

13. How do the Feds actions to fight inflation effect unemployment?

Book Assignment: Read 418-424 and answer the following questions about the Fed: 1. Who technically owns the Fed? Why? 2. Why does the Fed have a regional structure? (2 reasons) 3. Who appoints top Fed Officials? 4. What does the Board of Governors do? How many members does it have? How long are their terms and why are they staggered? What is the Board of Governors primary function? 5. What is the primary function of the FOMC? 6. What Fed District would banks in Oconomowoc belong to? Where is that districts headquarters?

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