Monetary and Fiscal Policy

Government issued currency in the form of paper dollars?

Not a function of Money

Helps determine the amount of money the banking system creates with each dollar of reserves

To withstand the physical wear and tear

How many FED districts are there

Government officials adopt an expansionary Fiscal policy. Which action would be consistent

The FED wants to reduce the nation’s money supply. They can do this by

Example of M2

Social Security, Obama Care and other Entitlements would fall under

Ended a Tariff

Social Security deduction from your paycheck

Example of M1 money

Income taxesincrease

Supporters of Government taxes and spending

A tax in which the percentage paid increases as income increases?

Corporate taxes decrease

Schools are funded by

The central banking system of the U.S. 

Most wealthy people in America would be in support of which type of taxes?

RRR increases

Politicians that believe the Government is responsible for the economy when in recession

Minimum Wage for government employees rises to $9

Who conducts Monetary Policy

If everyone pays 20% of their income to the government it is considered a

The majority of the US budget is spent on 

Interest rates decrease for homes

Monetary policies the Federal Reserve can adopt include all of the following EXCEPT

A government institution that covers bank accounts against bank failure

To require banks to keep 10% of their deposits in a vault is what FED policy 

Federal Reserve interest rates charged to banks

Gov't spending through appropriation bills. This spending is an optional part of fiscal policy

Stock market appears weak