The Fed
Current Economic Statistics
Taxation
Stock Market
Economic Recovery Plans
100
The chairman of the Federal Reserve.
Whom is Ben Bernanke?
100
This economic indicator is currently at 9.5%, down from .8% from January.
What is the unemployment rate?
100
The U.S. Federal system of taxation.
What is an income tax?
100
A place where shares, stocks and bonds are bought and sold.
What is a stock market?
100
This method is meant to slow the economy down and limit the money supply
What is contractionary/tight money policy?
200
The year the Federal Reserve was created.
What is 1913?
200
The CPI, which stands for this, rose .4% in January.
What is Consumer Price Index?
200
The bureau of the Department of the Treasury which is responsible for collecting taxes.
What is the IRS?
200
Otherwise known as Black Thursday, the famous stock market crash occurred on October 24, 1929.
When did the famous stock market crash occur?
200
This policy is used to bring an economy out of a recession
What is "easy money" policy?
300
Any two of three tools used by the Fed.
What is the Reserve Ratio/Change Interest Rates/ Buy or Sell U.S. Government Bonds?
300
This economic indicator reached $14.119 trillion.
What is GDP as of current?
300
A tax levied on goods and services imported into a country; discourages trade but protects domestic industries
What is a tariff?
300
NASDAQ.
What is the second largest stock exchange system in North America?
300
Lowering this allows banks to have more money to loan out to other banks and customers which helps to improve the economy
What is the reserve requirement?
400
The biggest opponent in Congress to, as Murray Rothbard called it: "a form of state-sponsored, legalized financial fraud, antithetical to principles and ethics", our Central Bank.
Who is Ron Paul?
400
This rate changes constantly, and is currently around $14.2 trillion.
What is the National Debt?
400
A tax levied on the profit of a company; different rates for different levels of profits.
What is a corporate tax?
400
It is about 12% in a one year interval.
What is the historic rate of growth for stocks?
400
The four main components that must be increased to get an economy out of a recession
What is C+I+G+Nx?
500
The Fed's last chairman who served for 18 years and was known for his "Easy Money" policies.
Who is Alan Greenspan?
500
Adjusted for Inflation, what is the value of a $20 USD?
What is Nothing?
500
A consumption tax placed on all new goods and services. 23%.
What is The FairTax?
500
an investment company that doesn`t market to the general public but to wealthy investors. High Risk, High Reward
What is Hedge Funds?
500
The best way for the Fed to control the economy is through this activity
What is the buying and selling of bonds?
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