If taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseConsumerspending and realGDP have a(n)____relationship./directWhat is taxpolicy a partof?/FiscalpolicyAn inflationarygap would beto the ___ oftheLRAS./rightHow manypeople in thefederal openmarketcommittee?/19Who has a sayin monetarypolicy?/Federalopen marketcommitteeArecessionarygap would beto the ____ ofthe LRAS./leftWhat would acontractionary policyresolve?/InflationarygapWhat is not apart of fiscalpolicy?/InterestrateBuying andselling bondsaffects whichpolicy?/monetaryName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhat is onefunction of thefederal reservesystem?/FinancialservicesWhat is a formof a gov’tsecurity?/bondsWho has a say infiscalpolicy?/Congressand the presidentTaxes and price levelhave a(n) ____relationship./indirectWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsHow wouldloweringtaxes affectAD?/Shift tothe rightHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat would anexpansionary policyresolve?/RecessionarygapWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%Increasingreserverequirementswould causeGDPto?/decreaseWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%If taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseConsumerspending and realGDP have a(n)____relationship./directWhat is taxpolicy a partof?/FiscalpolicyAn inflationarygap would beto the ___ oftheLRAS./rightHow manypeople in thefederal openmarketcommittee?/19Who has a sayin monetarypolicy?/Federalopen marketcommitteeArecessionarygap would beto the ____ ofthe LRAS./leftWhat would acontractionary policyresolve?/InflationarygapWhat is not apart of fiscalpolicy?/InterestrateBuying andselling bondsaffects whichpolicy?/monetaryName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhat is onefunction of thefederal reservesystem?/FinancialservicesWhat is a formof a gov’tsecurity?/bondsWho has a say infiscalpolicy?/Congressand the presidentTaxes and price levelhave a(n) ____relationship./indirectWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsHow wouldloweringtaxes affectAD?/Shift tothe rightHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat would anexpansionary policyresolve?/RecessionarygapWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%Increasingreserverequirementswould causeGDPto?/decreaseWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%

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