(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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O-How many people in the federal open market committee?
O-What is tax policy a part of?
O-What is the Federal Reserve trying to achieve when they try to control the unemployment rate and price stability?
N-What is not a part of fiscal policy?
B-What do open market operations buy and sell?
I-What would an expansionary policy resolve?
N-Name the three functions of the Federal Reserve.
I-A recessionary gap would be to the ____ of the LRAS.
B-Buying and selling bonds affects which policy?
O-What part of the Federal Open Market Committee helps set up monetary policy for the nation?
N-How would increasing discount rate affect AD?
B-What would a contractionary policy resolve?
I-If taxes decreased and gov’t spending increased what would happen to business investment?
I-How would lowering taxes affect AD?
G-Who has a say in monetary policy?
O-Consumer spending and real GDP have a(n) ____ relationship.
I-What employment rate is ideal for the Federal Reserve?
G-When the Federal Reserve is setting policies, what is the target inflation rate they try to achieve?
G-Increasing reserve requirements would cause GDP to?
G-An inflationary gap would be to the ___ of the LRAS.
B-What is a form of a gov’t security?
B-Taxes and price level have a(n) ____ relationship.
G-What is one function of the federal reserve system?