What is not apart of fiscalpolicy?/InterestrateWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%What is a formof a gov’tsecurity?/bondsWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateHow manypeople in thefederal openmarketcommittee?/19Arecessionarygap would beto the ____ ofthe LRAS./leftIncreasingreserverequirementswould causeGDPto?/decreaseWho has a sayin monetarypolicy?/Federalopen marketcommitteeName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationConsumerspending and realGDP have a(n)____relationship./directHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat would acontractionary policyresolve?/InflationarygapBuying andselling bondsaffects whichpolicy?/monetaryWhat would anexpansionary policyresolve?/RecessionarygapWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%Taxes and price levelhave a(n) ____relationship./indirectAn inflationarygap would beto the ___ oftheLRAS./rightHow wouldloweringtaxes affectAD?/Shift tothe rightWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsWhat is taxpolicy a partof?/FiscalpolicyWho has a say infiscalpolicy?/Congressand the presidentIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseWhat is onefunction of thefederal reservesystem?/FinancialservicesWhat is not apart of fiscalpolicy?/InterestrateWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%What is a formof a gov’tsecurity?/bondsWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateHow manypeople in thefederal openmarketcommittee?/19Arecessionarygap would beto the ____ ofthe LRAS./leftIncreasingreserverequirementswould causeGDPto?/decreaseWho has a sayin monetarypolicy?/Federalopen marketcommitteeName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationConsumerspending and realGDP have a(n)____relationship./directHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat would acontractionary policyresolve?/InflationarygapBuying andselling bondsaffects whichpolicy?/monetaryWhat would anexpansionary policyresolve?/RecessionarygapWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%Taxes and price levelhave a(n) ____relationship./indirectAn inflationarygap would beto the ___ oftheLRAS./rightHow wouldloweringtaxes affectAD?/Shift tothe rightWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsWhat is taxpolicy a partof?/FiscalpolicyWho has a say infiscalpolicy?/Congressand the presidentIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseWhat is onefunction of thefederal reservesystem?/Financialservices

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