Chapter 13. The Federal Reserve System: Pre-Class & In-Class Activities Packet Name/I.D. Number: ____________________________________________________ Section: __________________ Date: ____________ __________ Part 1. Video Questions on the U.S. Federal Reserve Bank: How it works and what it does? 2. What were the original and expanded missions of the Fed? ____________________________________________________________ _______________ ___________________________________________________________________________________________________________________________ 4. The Fed was designed to be a decentralized bank consisting of two primary parts, what are these two parts? _____________________________________ ___________________________________________________________________________________________________________________________ 6. What do the 12 Regional Federal Reserve Banks and the Board of Governors do? __________________________________________ _______________ ___________________________________________________________________________________________________________________________ 8. How does the Fed stabilize the nation's supply of money and credit ? ________________________________________________________ ____________ 10. What does the Fed do when it determines that there is too much (little) money in circulation that could lead to inflation (recession)? __________________ ___________________________________________________________________________________________________________________________ 12. Why is the Fed often referred to as the bankers bank? ______________________________________________________________________ _________ 14. What proportions of the checks are cleared by the Federal Reserve System? ___________________________________________________ ___________ 16. What new things did you learn from the video? (Circle one: All, Some, Few, None: Specify at least one).___________________________________ __________________________________________________________________________________________________________________________ 17. What question(s) do you have after watching the video about "The U.S. Federal Reserve Bank, How it works and what it does" or the Infographics in this Packet? Specify at least one. __________________________________________________________________________________________________

https://youtu.be/y1OJlJ9COg0

https://youtu.be/y1OJlJ9COg0

Economics

Roger A. Arnold

Thirteenth Edition