The Money Pie
The Fed
On Reserve
More on the Fed
Misc
100
The deliberate control of the money supply by the Fed.
What is monetary policy?
100
The central bank of the United States
What is the Fed
100
The sum of a bank's reserve account and its vault cash.
What is required reserves
100
The number of Federal Reserve districts.
What is 12?
100
When one banks lends money to another bank, the lending bank charges this rate.
What is the federal funds rate?
200
The money supply increases when banks do this.
What is create demand deposits?
200
the major policy-making group within the Federal Reserve System.
What is the FOMC
200
the minimum amount of reserves a bank must hold against its deposit, as mandated by the Fed.
What is the reserve requirement?
200
The amount of warning the Fed needs to give member banks before examining their books.
What is NONE??
200
When the discount rate is raised relative to the federal funds rate, this happens to the money supply.
What is eventually falls?
300
This is the equation for determining the total change in the money supply.
What is Change = 1/reserve requirement x reserves of first bank?
300
The interest the Fed charges a bank for a loan.
What is the discount rate?
300
Any reserves held beyond the required amount.
What are excess reserves?
300
The responsibility of collecting taxes belongs here
What is the Fed?
300
This is the description of monetary policy when the Fed reduces the money supply.
What is tight monetary policy?
400
This happens to the money supply when the reserve requirement is raised.
What is decreases?
400
The buying and selling of government securities by the Fed.
What are open-market operations?
400
These reserves are used to make loans.
What are excess reserves?
400
The account the Fed holds for member banks.
What is a reserve account?
500
When the Fed sells securities this happens to the money supply.
What is decreases?
500
The activities of the Federal Reserve are controlled and coordinated by _____.
What is the Fed's board of governors?
500
Where are required reserves held?
What is either valut cash or an account with the Fed?
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