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3 Written questions

3 Multiple choice questions

  1. The central bank of the US, which provides services to banks, regulates their activities, and controls the nation's monetary policy
  2. The coins and paper bills used as money in an economy
  3. An amount of money borrowed for a certain time period

3 True/False questions

  1. RecessionA slowdown in economic activity and production

          

  2. Fractional Reserve BankingThe central bank of the US, which provides services to banks, regulates their activities, and controls the nation's monetary policy

          

  3. Board of GovernorsExchanging goods and services for other goods and services without the use of money

          

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