Name thethreefunctions ofthe FederalReserve.What part of theFederal OpenMarket Committeehelps set upmonetary policyfor the nation?Arecessionarygap would beto the ____ ofthe LRAS.An inflationarygap would beto the ___ ofthe LRAS.Whatemploymentrate is idealfor the FederalReserve?What do openmarketoperationsbuy and sell?Consumerspending andreal GDP havea(n) ____relationship.When the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?Increasingreserverequirementswould causeGDP to?How wouldincreasingdiscount rateaffect AD?If taxes decreasedand gov’tspendingincreased whatwould happen tobusinessinvestment?What wouldanexpansionarypolicyresolve?Buying andselling bondsaffects whichpolicy?Taxes andprice levelhave a(n)____relationship.What would acontractionarypolicyresolve?What is the FederalReserve trying toachieve when theytry to control theunemployment rateand price stability?What istax policya part of?How wouldloweringtaxesaffect AD?What is onefunction ofthe federalreservesystem?Who hasa say infiscalpolicy?What isnot a partof fiscalpolicy?What is aform of agov’tsecurity?Who hasa say inmonetarypolicy?How manypeople in thefederal openmarketcommittee?Name thethreefunctions ofthe FederalReserve.What part of theFederal OpenMarket Committeehelps set upmonetary policyfor the nation?Arecessionarygap would beto the ____ ofthe LRAS.An inflationarygap would beto the ___ ofthe LRAS.Whatemploymentrate is idealfor the FederalReserve?What do openmarketoperationsbuy and sell?Consumerspending andreal GDP havea(n) ____relationship.When the FederalReserve is settingpolicies, what isthe target inflationrate they try toachieve?Increasingreserverequirementswould causeGDP to?How wouldincreasingdiscount rateaffect AD?If taxes decreasedand gov’tspendingincreased whatwould happen tobusinessinvestment?What wouldanexpansionarypolicyresolve?Buying andselling bondsaffects whichpolicy?Taxes andprice levelhave a(n)____relationship.What would acontractionarypolicyresolve?What is the FederalReserve trying toachieve when theytry to control theunemployment rateand price stability?What istax policya part of?How wouldloweringtaxesaffect AD?What is onefunction ofthe federalreservesystem?Who hasa say infiscalpolicy?What isnot a partof fiscalpolicy?What is aform of agov’tsecurity?Who hasa say inmonetarypolicy?How manypeople in thefederal openmarketcommittee?

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