Show:
Questions
Responses
Print
Show Me The Money
Banking
1860 - Present
The Fed
Monetary Policy
Potpourri
100
The three functions of money
What is a medium of exchange, standard of value, and store of value?
100
Alexander Hamilton and Thomas Jefferson are examples of these two conflicting political parties.
What are the Federalists and the Anti-Federalists?
100
The Panic of 1907 was caused by these two things
What is the inability to expand the amount of money in circulation and the failure of the pyramided system?
100
These two monetary policies help the Fed to regulate the amount of money and credit available
What is easy-money policy and tight-money policy?
100
First to be in office when there were 50 states in 1959
Who is Dwight D. Eisenhower?
200
This characteristic of money refers to its ability to be used over and over again
What is durability?
200
This term is used to refer to a failure to make payments on a loan.
What is the term default?
200
The Fed is organized in these two levels to prevent corruption
What is the National and District Level?
200
This rate of interest is the rate the Fed charges member banks for the use of its reserve
What is the discount rate?
200
Study of insects
What is entomology?
300
This term defines any item that sellers accept as payment for goods and services
What is a medium of exchange?
300
The government established this to regulate the banking system after World War I
What is the Federal Reserve System?
300
The amount of money circulating in the U.S. economy
What is the money supply?
300
This term refers to the unofficial pressures the Federal Reserve Policy makers exert on the banking system.
What is moral suasion?
300
The next number in the sequence 4, 16, 64, 256 . . .
What is 1024?
400
This is the name of a currency which its value is attached by government decree
What is fiat money?
400
These are the four types of financial institutions
What are commercial banks, savings and Loan Associations, Mutual Savings Banks, and Credit Unions?
400
!!! Daily Double !!!
Describe the check clearing process...
400
This it the term for the percentage of cash an investor must have to buy stocks, options, and other investments
What is a margin requirement?
400
First to serve for more than 2 terms in 1941
Who is Franklin D. Roosevelt?
500
These are the five characteristics of money
What is durability, portability, divisibility, stability in value, and acceptability?
500
The four ways automation and the spread of computers has made banking more accessible
What are ATM (Automated Teller Machine), ACH (Automated Clearing House), POS (Point-of-Sale Transactions), and Home banking?
500
These are the three services the Fed offers to the government
What is serving as the government's bank, supervising the Fed's member banks, regulating the national money supply?
500
These are the five limitations of monetary policy
What is economic forecasting, time lags, priorities and trade-offs, lack of coordination, and conflicting opinions?
500
German composer of the Brandenburg Concertos
Who is Johann Sebastian Bach?