Fed 101 : Tour and Quiz

Post date: Mar 09, 2012 4:34:51 PM

Step 1 . Take a Tour

Click below

Step 2.

Take notes on #'s 7-9 save to a word doc and take the Kids Quiz " copy and paste your results " save as Fed 101 and Quiz"

• Open to 2 screens one the quiz and the other the Information

• Click for Chapter Videos and Audio

Click on each question or scroll down for the response. Don't forget to test your knowledge with the Kids Quiz at the end!

1. What is the Federal Reserve System?

2. Who created the Federal Reserve, and when was it created?

3. What is the Board of Governors?

4. Who are the members of the Board of Governors?

5. Where is the Federal Reserve Board of Governors located?

6. What are the twelve Federal Reserve Districts?

7. What are some of the main responsibilities of the Federal Reserve System?

8. What are interest rates and why are they important?

9. What is inflation?

10. What is the FOMC, and what does it do?