Who has a say infiscalpolicy?/Congressand the presidentWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%Taxes and price levelhave a(n) ____relationship./indirectWhat is not apart of fiscalpolicy?/InterestrateConsumerspending and realGDP have a(n)____relationship./directHow manypeople in thefederal openmarketcommittee?/19Buying andselling bondsaffects whichpolicy?/monetaryWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%How wouldincreasingdiscount rateaffect AD?/Shiftto the leftIncreasingreserverequirementswould causeGDPto?/decreaseWhat would anexpansionary policyresolve?/RecessionarygapWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateWhat is taxpolicy a partof?/FiscalpolicyAn inflationarygap would beto the ___ oftheLRAS./rightWhat is onefunction of thefederal reservesystem?/FinancialservicesArecessionarygap would beto the ____ ofthe LRAS./leftWho has a sayin monetarypolicy?/Federalopen marketcommitteeWhat would acontractionary policyresolve?/InflationarygapWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhat is a formof a gov’tsecurity?/bondsHow wouldloweringtaxes affectAD?/Shift tothe rightIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseWho has a say infiscalpolicy?/Congressand the presidentWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%Taxes and price levelhave a(n) ____relationship./indirectWhat is not apart of fiscalpolicy?/InterestrateConsumerspending and realGDP have a(n)____relationship./directHow manypeople in thefederal openmarketcommittee?/19Buying andselling bondsaffects whichpolicy?/monetaryWhat do openmarketoperations buyandsell?/GovernmentsecuritiesWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%How wouldincreasingdiscount rateaffect AD?/Shiftto the leftIncreasingreserverequirementswould causeGDPto?/decreaseWhat would anexpansionary policyresolve?/RecessionarygapWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateWhat is taxpolicy a partof?/FiscalpolicyAn inflationarygap would beto the ___ oftheLRAS./rightWhat is onefunction of thefederal reservesystem?/FinancialservicesArecessionarygap would beto the ____ ofthe LRAS./leftWho has a sayin monetarypolicy?/Federalopen marketcommitteeWhat would acontractionary policyresolve?/InflationarygapWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhat is a formof a gov’tsecurity?/bondsHow wouldloweringtaxes affectAD?/Shift tothe rightIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increase

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