| A | B |
| The Fed keeps the economy healthy by managing the nation's money __________. | supply |
| Low __________ is a long-term goal of the Fed. (Hint: Think Monetary Policy) | inflation |
| A goal of the Fed is to improve the efficiency of the nation's __________ system. | payments |
| One of the Fed's three main responsibilities is to supervise and _________ certain commercial banks. | regulate |
| The Fed was once known as the lender of last __________. | resort |
| The number of Federal Reserve Districts. | twelve |
| __________ wrote the Federal Reserve Act in 1913. | Congress |
| The Fed regulates certain banks to keep the banking system safe and ________. | sound |
| How many member's are on the Fed's Board of Governors? | seven |
| Who appoints members to the Fed's Board of Governors? | the President |
| Banks deposit billions of dollars at the Fed in cash, _______, wire transfers or other forms of electronic payments. | checks |
| One of the Fed's responsibilities is to provide _________ services to any bank, regardless of its size or location. | financial |