Fed Roles
When it comes to unemployment, what do the FEDS ant
Maximum employment
What is the Reserve Rate
the portion of Reserve's liabilities that commercial banks must hold onto.
How does Open Market Operation help during inflation/recession
Have security and stability when in a crisis
Highest paid current NHL player
Nathan MacKinnon
What does Jorge do
Any response is correct
What is the Feds job with the economy when it comes to price
Create Price stability
What is the Discount rate
How banks can get loans if they can't secure funding from another bank on the market.
How has the Federal reserve help with our current inflation
Influencing interest rates
Who is the 1 position in baseball
Pitcher
what do Hockey refs do
Nothing but let him fight
What are the 3 main jobs of the FEDs
Setting interest rates, managing the money supply, and regulating financial markets
What does the Open Market Operation do
Provides the purchase and sale of securities in the open market by a central bank
How does the reserve rate help with inflation/recession
Have money in the bank in crisis emergency
If you take away all of Wayne Gretzky goals who would lead the NHL in all time points
Trick question still Wayne Gretzky
what does valet do
Steal yo car
What is the job of the "Chair of Fed".
provides leadership and mandates the central bank
What is the Board of Governors do?
Guides the federal reserve operation to promote goals and fulfill responsibilities given to the federal reserve
How does Discount rate help during inflation/recession
So a bank can stay open and help it's citizen when the loans don't go according to plan
Greatest soccer player of all time
Lionel Messi
What does the person that stand by people at self-check out do
We don't know either
How is the FED's suppose to respond in a economic crisis
helped shift the economy quickly and created a steep upward line of recovery
What is the Open Market committee
A branch of the federal reserve system that determines the direction of monetary policy
How would a classic economist feel about the Federal reserve, what about Keynesian economist?
Classic economist like the fed, but Keynesian don't
Who broke the 40 yard dash record
Xavier Worthy
What does the government do
Steal your money