How wouldloweringtaxes affectAD?/Shift tothe rightIncreasingreserverequirementswould causeGDPto?/decreaseAn inflationarygap would beto the ___ oftheLRAS./rightWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%What would acontractionary policyresolve?/InflationarygapWhat is onefunction of thefederal reservesystem?/FinancialservicesHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsArecessionarygap would beto the ____ ofthe LRAS./leftWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateBuying andselling bondsaffects whichpolicy?/monetaryWho has a sayin monetarypolicy?/Federalopen marketcommitteeTaxes and price levelhave a(n) ____relationship./indirectWho has a say infiscalpolicy?/Congressand the presidentName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhat is a formof a gov’tsecurity?/bondsWhat is not apart of fiscalpolicy?/InterestrateConsumerspending and realGDP have a(n)____relationship./directWhat is taxpolicy a partof?/FiscalpolicyHow manypeople in thefederal openmarketcommittee?/19What do openmarketoperations buyandsell?/GovernmentsecuritiesWhat would anexpansionary policyresolve?/RecessionarygapWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%How wouldloweringtaxes affectAD?/Shift tothe rightIncreasingreserverequirementswould causeGDPto?/decreaseAn inflationarygap would beto the ___ oftheLRAS./rightWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%What would acontractionary policyresolve?/InflationarygapWhat is onefunction of thefederal reservesystem?/FinancialservicesHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsArecessionarygap would beto the ____ ofthe LRAS./leftWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateBuying andselling bondsaffects whichpolicy?/monetaryWho has a sayin monetarypolicy?/Federalopen marketcommitteeTaxes and price levelhave a(n) ____relationship./indirectWho has a say infiscalpolicy?/Congressand the presidentName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhat is a formof a gov’tsecurity?/bondsWhat is not apart of fiscalpolicy?/InterestrateConsumerspending and realGDP have a(n)____relationship./directWhat is taxpolicy a partof?/FiscalpolicyHow manypeople in thefederal openmarketcommittee?/19What do openmarketoperations buyandsell?/GovernmentsecuritiesWhat would anexpansionary policyresolve?/RecessionarygapWhen 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. How would lowering taxes affect AD?/Shift to the right
  2. Increasing reserve requirements would cause GDP to?/decrease
  3. An inflationary gap would be to the ___ of the LRAS./right
  4. What employment rate is ideal for the Federal Reserve?/5-5.2%
  5. What would a contractionary policy resolve?/Inflationary gap
  6. What is one function of the federal reserve system?/Financial services
  7. How would increasing discount rate affect AD?/Shift to the left
  8. If taxes decreased and gov’t spending increased what would happen to business investment?/increase
  9. What part of the Federal Open Market Committee helps set up monetary policy for the nation?/The Board of Governors
  10. A recessionary gap would be to the ____ of the LRAS./left
  11. What is the Federal Reserve trying to achieve when they try to control the unemployment rate and price stability?/Monetary policy mandate
  12. Buying and selling bonds affects which policy?/monetary
  13. Who has a say in monetary policy?/Federal open market committee
  14. Taxes and price level have a(n) ____ relationship./indirect
  15. Who has a say in fiscal policy?/Congress and the president
  16. Name the three functions of the Federal Reserve./Monetary policy, payment services, supervision & regulation
  17. What is a form of a gov’t security?/bonds
  18. What is not a part of fiscal policy?/Interest rate
  19. Consumer spending and real GDP have a(n) ____ relationship./direct
  20. What is tax policy a part of?/Fiscal policy
  21. How many people in the federal open market committee?/19
  22. What do open market operations buy and sell?/Government securities
  23. What would an expansionary policy resolve?/Recessionary gap
  24. When the Federal Reserve is setting policies, what is the target inflation rate they try to achieve?/2%