What are the three ways the Federal reserve can change the money supply
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Definition1/6
The Federal Reserve can change the money supply with 1) open
market operations, 2)making changes in the reserve ratio, and 3)
making changes in the discount rate. Of the three policies the open
market is the most common.
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Term1/6
What does lender of last resort mean with respect to the federal reserve
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Definition1/6
it lends money to banks or anyother 'institution' in financial
difficulty.
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Term1/6
How many directors are on the Boards for each of the 12 Federal Reserve Banks
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Definition1/6
Each of the 12 Reserve Banks is subject to the supervision of a
ninemember board of directors (board). Six of the directors are
elected by the member banks of the respective Federal Reserve
District (District), and three of the directors are appointed by
the Board of Governors. Most Reserve Banks have at least one
Branch, and each Branch has its own board of directors. A majority
of the directors on a Branch board are appointed by the Reserve
Bank, and the remaining Branch directors are appointed by the Board
of Governors.
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Term1/6
What changes were made to the Federal Reserve system in 1935
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Definition1/6
The federal reserve system was given more centralized power
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Term1/6
When the Fed buys government bonds and other securities on the open market
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Definition1/6
Open-market operations
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Term1/6
What is the abbreviation for the research arm of the federal reserve
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Definition1/6
FAC (Federal Advisory Councel)
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Cards in this guide (6)
What are the three ways the Federal reserve can change the money supply
The Federal Reserve can change the money supply with 1) open
market operations, 2)making changes in the reserve ratio, and 3)
making changes in the discount rate. Of the three policies the open
market is the most common.
What does lender of last resort mean with respect to the federal reserve
it lends money to banks or anyother 'institution' in financial
difficulty.
How many directors are on the Boards for each of the 12 Federal Reserve Banks
Each of the 12 Reserve Banks is subject to the supervision of a
ninemember board of directors (board). Six of the directors are
elected by the member banks of the respective Federal Reserve
District (District), and three of the directors are appointed by
the Board of Governors. Most Reserve Banks have at least one
Branch, and each Branch has its own board of directors. A majority
of the directors on a Branch board are appointed by the Reserve
Bank, and the remaining Branch directors are appointed by the Board
of Governors.
What changes were made to the Federal Reserve system in 1935
The federal reserve system was given more centralized power
When the Fed buys government bonds and other securities on the open market
Open-market operations
What is the abbreviation for the research arm of the federal reserve