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In Plain English: Making Sense of the Federal Reserve

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AB
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


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