This bingo card has a free space and 24 words: Buying and selling bonds affects which policy?/monetary, If taxes decreased and gov’t spending increased what would happen to business investment?/increase, Who has a say in fiscal policy?/Congress and the president, Who has a say in monetary policy?/Federal open market committee, What is tax policy a part of?/Fiscal policy, What is a form of a gov’t security?/bonds, How would lowering taxes affect AD?/Shift to the right, How would increasing discount rate affect AD?/Shift to the left, Increasing reserve requirements would cause GDP to?/decrease, Consumer spending and real GDP have a(n) ____ relationship./direct, Taxes and price level have a(n) ____ relationship./indirect, A recessionary gap would be to the ____ of the LRAS./left, An inflationary gap would be to the ___ of the LRAS./right, How many people in the federal open market committee?/19, What would a contractionary policy resolve?/Inflationary gap, What would an expansionary policy resolve?/Recessionary gap, What is not a part of fiscal policy?/Interest rate, When the Federal Reserve is setting policies, what is the target inflation rate they try to achieve?/2%, What part of the Federal Open Market Committee helps set up monetary policy for the nation?/The Board of Governors, What do open market operations buy and sell?/Government securities, What employment rate is ideal for the Federal Reserve?/5-5.2%, Name the three functions of the Federal Reserve./Monetary policy, payment services, supervision & regulation, What is one function of the federal reserve system?/Financial services and What is the Federal Reserve trying to achieve when they try to control the unemployment rate and price stability?/Monetary policy mandate.
Fed Bingo | Fed Bingo | Federal Reserve System | Federal Reserve System | Monetary Policy Bingo
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