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Monetary System And The Federal Reserve

Monetary System And The Federal Reserve

Complete 10 questions. Your initial score will be the only score counted. Complete this quiz before class on Monday.

Questions: 20 | Attempts: 638 | Last updated: Mar 15, 2025

Sample Question 1
The group responsible for setting policy on buying and selling government securities (bills, notes, and bonds) is the:

Securities and Exchange Commission

U.S. Treasury Board

Federal Open Market Committee

12 Federal Reserve Bank presidents

Sample Question 2
Which of the following most accurately describes the status of the U.S. Federal Reserve System?

It is a publicly owned and managed agency of the federal government

It is privately owned but publicly managed

It is owned by a group of large private banks and managed for their profit

It is a publicly owned agency of the federal government, managed for profit by private banks

Sample Question 3
Which of the following is included in M2 but not M1?

Currency held by banks

Small time deposits (less than $100,000)

Credit card balances

Large time deposits (at least $100,000)