Who has a say infiscalpolicy?/Congressand the presidentWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateAn inflationarygap would beto the ___ oftheLRAS./rightName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWho has a sayin monetarypolicy?/Federalopen marketcommitteeWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%How wouldincreasingdiscount rateaffect AD?/Shiftto the leftTaxes and price levelhave a(n) ____relationship./indirectWhat is a formof a gov’tsecurity?/bondsIncreasingreserverequirementswould causeGDPto?/decreaseIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseHow manypeople in thefederal openmarketcommittee?/19Arecessionarygap would beto the ____ ofthe LRAS./leftHow wouldloweringtaxes affectAD?/Shift tothe rightWhat is not apart of fiscalpolicy?/InterestrateConsumerspending and realGDP have a(n)____relationship./directWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%Buying andselling bondsaffects whichpolicy?/monetaryWhat is onefunction of thefederal reservesystem?/FinancialservicesWhat would anexpansionary policyresolve?/RecessionarygapWhat is taxpolicy a partof?/FiscalpolicyWhat would acontractionary policyresolve?/InflationarygapWho has a say infiscalpolicy?/Congressand the presidentWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateAn inflationarygap would beto the ___ oftheLRAS./rightName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWho has a sayin monetarypolicy?/Federalopen marketcommitteeWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%How wouldincreasingdiscount rateaffect AD?/Shiftto the leftTaxes and price levelhave a(n) ____relationship./indirectWhat is a formof a gov’tsecurity?/bondsIncreasingreserverequirementswould causeGDPto?/decreaseIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseHow manypeople in thefederal openmarketcommittee?/19Arecessionarygap would beto the ____ ofthe LRAS./leftHow wouldloweringtaxes affectAD?/Shift tothe rightWhat is not apart of fiscalpolicy?/InterestrateConsumerspending and realGDP have a(n)____relationship./directWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%Buying andselling bondsaffects whichpolicy?/monetaryWhat is onefunction of thefederal reservesystem?/FinancialservicesWhat would anexpansionary policyresolve?/RecessionarygapWhat is taxpolicy a partof?/FiscalpolicyWhat would acontractionary policyresolve?/Inflationarygap

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