The Federal Reserve Bank

Question 1

The first government authorized paper money was issued in 1690 by

Accepted Answer

Massachusetts

Question 2

The _________is a fast-paced trivia game that teaches visitors about the Federal Reserve System

Accepted Answer

Centennial Challenge

Question 3

Which state has more than one Federal Reserve Bank?

Accepted Answer

Missouri

Question 4

The largest U. S. paper currency ever issued by the government is the _______________ bill.

Accepted Answer

$100,000

Question 5

Which of the following is one of the nine indicators the Fed tracks to analyze the economy?

Accepted Answer

all of the answers

Question 6

There are how many Federal Reserve Banks in the United States?

Accepted Answer

12

Question 7

One of the security features on the $100 bill is

Accepted Answer

3-D security ribbon

Question 8

Which president signed the Federal Reserve Act into law in 1913?

Accepted Answer

Woodrow Wilson

Question 9

What do the Federal Reserve do with old money?

Accepted Answer

shred it

Question 10

The $100,000 bill, now out of circulation, was used only for

Accepted Answer

bank transfers

Question 11

The Federal Reserve Bank is a bank for ____________________.

Accepted Answer

banks

Question 12

Which of the following is a way to protect yourself from idenity theft

Accepted Answer

all of the answers

Question 13

The Federal Reserve Bank of Kansas City is located in

Accepted Answer

North Kansas City

Question 14

The Federal Reserve Bank was established by Congress in

Accepted Answer

1913

Question 15

The average $1 bill is in circulation for up to

Accepted Answer

5 years

Questions 15