What is taxpolicy a partof?/FiscalpolicyArecessionarygap would beto the ____ ofthe LRAS./leftWho has a say infiscalpolicy?/Congressand the presidentWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%An inflationarygap would beto the ___ oftheLRAS./rightBuying andselling bondsaffects whichpolicy?/monetaryWhat is onefunction of thefederal reservesystem?/FinancialservicesIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseConsumerspending and realGDP have a(n)____relationship./directWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat would acontractionary policyresolve?/InflationarygapWhat is a formof a gov’tsecurity?/bondsWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsIncreasingreserverequirementswould causeGDPto?/decreaseWhat is not apart of fiscalpolicy?/InterestrateWhat do openmarketoperations buyandsell?/GovernmentsecuritiesHow manypeople in thefederal openmarketcommittee?/19What would anexpansionary policyresolve?/RecessionarygapName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%How wouldloweringtaxes affectAD?/Shift tothe rightWho has a sayin monetarypolicy?/Federalopen marketcommitteeTaxes and price levelhave a(n) ____relationship./indirectWhat is taxpolicy a partof?/FiscalpolicyArecessionarygap would beto the ____ ofthe LRAS./leftWho has a say infiscalpolicy?/Congressand the presidentWhatemploymentrate is ideal forthe FederalReserve?/5-5.2%An inflationarygap would beto the ___ oftheLRAS./rightBuying andselling bondsaffects whichpolicy?/monetaryWhat is onefunction of thefederal reservesystem?/FinancialservicesIf taxes decreasedand gov’t spendingincreased what wouldhappen to businessinvestment?/increaseConsumerspending and realGDP have a(n)____relationship./directWhat is the FederalReserve trying toachieve when they tryto control theunemployment rateand pricestability?/Monetarypolicy mandateHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat would acontractionary policyresolve?/InflationarygapWhat is a formof a gov’tsecurity?/bondsWhat part of theFederal OpenMarket Committeehelps set upmonetary policy forthe nation?/TheBoard of GovernorsIncreasingreserverequirementswould causeGDPto?/decreaseWhat is not apart of fiscalpolicy?/InterestrateWhat do openmarketoperations buyandsell?/GovernmentsecuritiesHow manypeople in thefederal openmarketcommittee?/19What would anexpansionary policyresolve?/RecessionarygapName the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationWhen the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?/2%How wouldloweringtaxes affectAD?/Shift tothe rightWho has a sayin monetarypolicy?/Federalopen marketcommitteeTaxes and price levelhave a(n) ____relationship./indirect

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