An inflationarygap would beto the ___ ofthe LRAS.Who hasa say inmonetarypolicy?Increasingreserverequirementswould causeGDP to?Taxes andprice levelhave a(n)____relationship.How manypeople in thefederal openmarketcommittee?Who hasa say infiscalpolicy?Name the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationArecessionarygap would beto the ____ ofthe LRAS.What istax policya part of?What is onefunction ofthe federalreservesystem?What is not apart of fiscalpolicy?/InterestrateHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat wouldanexpansionarypolicyresolve?How wouldloweringtaxesaffect AD?What is the FederalReserve trying toachieve when theytry to control theunemployment rateand price stability?Whatemploymentrate is idealfor the FederalReserve?When the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?If taxes decreasedand gov’tspendingincreased whatwould happen tobusinessinvestment?Buying andselling bondsaffects whichpolicy?What would acontractionarypolicyresolve?What do openmarketoperationsbuy and sell?What is aform of agov’tsecurity?What part of theFederal OpenMarket Committeehelps set upmonetary policyfor the nation?Consumerspending andreal GDP havea(n) ____relationship.An inflationarygap would beto the ___ ofthe LRAS.Who hasa say inmonetarypolicy?Increasingreserverequirementswould causeGDP to?Taxes andprice levelhave a(n)____relationship.How manypeople in thefederal openmarketcommittee?Who hasa say infiscalpolicy?Name the threefunctions of theFederalReserve./Monetarypolicy, paymentservices, supervision& regulationArecessionarygap would beto the ____ ofthe LRAS.What istax policya part of?What is onefunction ofthe federalreservesystem?What is not apart of fiscalpolicy?/InterestrateHow wouldincreasingdiscount rateaffect AD?/Shiftto the leftWhat wouldanexpansionarypolicyresolve?How wouldloweringtaxesaffect AD?What is the FederalReserve trying toachieve when theytry to control theunemployment rateand price stability?Whatemploymentrate is idealfor the FederalReserve?When the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?If taxes decreasedand gov’tspendingincreased whatwould happen tobusinessinvestment?Buying andselling bondsaffects whichpolicy?What would acontractionarypolicyresolve?What do openmarketoperationsbuy and sell?What is aform of agov’tsecurity?What part of theFederal OpenMarket Committeehelps set upmonetary policyfor the nation?Consumerspending andreal GDP havea(n) ____relationship.

Fed Bingo - Call List

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