Buying andselling bondsaffects whichpolicy?/monetaryWhat would anexpansionary policyresolve?/RecessionarygapHow wouldloweringtaxes affectAD?/Shift tothe rightHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat would acontractionary policyresolve?/InflationarygapWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%Who has a sayin monetarypolicy?/Federalopen marketcommitteeIncreasingreserverequirementswould causeGDPto?/decreaseArecessionarygap would beto the ____ ofthe LRAS./leftWhat is not apart of fiscalpolicy?/InterestrateWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsWhat is a formof a gov’tsecurity?/bondsWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%What is taxpolicy a partof?/FiscalpolicyAn inflationarygap would beto the ___ oftheLRAS./rightTaxes and price levelhave a(n) ____relationship./indirectWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWho has a say infiscalpolicy?/Congressand the presidentName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateWhat is onefunction of thefederal reservesystem?/FinancialservicesIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseConsumerspending and realGDP have a(n)____relationship./directHow manypeople in thefederal openmarketcommittee?/19Buying andselling bondsaffects whichpolicy?/monetaryWhat would anexpansionary policyresolve?/RecessionarygapHow wouldloweringtaxes affectAD?/Shift tothe rightHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat would acontractionary policyresolve?/InflationarygapWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%Who has a sayin monetarypolicy?/Federalopen marketcommitteeIncreasingreserverequirementswould causeGDPto?/decreaseArecessionarygap would beto the ____ ofthe LRAS./leftWhat is not apart of fiscalpolicy?/InterestrateWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsWhat is a formof a gov’tsecurity?/bondsWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%What is taxpolicy a partof?/FiscalpolicyAn inflationarygap would beto the ___ oftheLRAS./rightTaxes and price levelhave a(n) ____relationship./indirectWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWho has a say infiscalpolicy?/Congressand the presidentName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateWhat is onefunction of thefederal reservesystem?/FinancialservicesIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseConsumerspending and realGDP have a(n)____relationship./directHow manypeople in thefederal openmarketcommittee?/19

Fed Bingo - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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