macror part 3 the federal reserve system

macror part 3 the federal reserve system

Print FlashCard
Question Answer
what is the federal reserve bank (the fed) it is the central bank of the us , it was created in 1913 because of the great depression
the major goals of the fed and the goals nickname maximizing employment keeping stable prices … DUAL MANDATE
the structure of the federal bank board of governors- 7 members who are appointed by the presidents they serve 14 years function: surpervises and regulates the fed the federal open commitie -the same seven members and 5 president of the district banks function –
what do the 5 president of districs do decides monentary policy
monentary policty policy changes that are iniciated by the fed that can affect the nations supply of money and credit

Leave a Reply

Your email address will not be published. Required fields are marked *