Federal Reserve Question 1 out of 10The first bank was chartered in what year? 1787 1791 1861 1823 You must select an answer before proceeding to the next question.Submit AnswerQuestion 2 out of 10Which of the following is an example of government security? Cryptocurrency Treasury deposits Gold coins Government bonds You must select an answer before proceeding to the next question.Submit AnswerQuestion 3 out of 10Influencing the economy by changing the reserve requirement is called? Monetary policy Tight money Fiscal policy Easy money You must select an answer before proceeding to the next question.Submit AnswerQuestion 4 out of 10Who is responsible for the prevention of counterfeit money? The U.S. Secret Service Federal Open Market Committee Congress The U.S. Treasury Department You must select an answer before proceeding to the next question.Submit AnswerQuestion 5 out of 10The Federal Reserve System is made up of how many regional Federal Reserve banks? 25 18 30 12 You must select an answer before proceeding to the next question.Submit AnswerQuestion 6 out of 10Who created the Federal Reserve banking system? Theodore Roosevelt Woodrow Wilson Calvin Coolidge Herbert Hoover You must select an answer before proceeding to the next question.Submit AnswerQuestion 7 out of 10Why did the United States need a Federal Reserve bank? Establish economic stability Print money Loan money to banks Create bank reserves You must select an answer before proceeding to the next question.Submit AnswerQuestion 8 out of 10The Federal Reserve prints money. True False You must select an answer before proceeding to the next question.Submit AnswerQuestion 9 out of 10An open market purchase of bonds by the Federal Reserve causes what? Bond prices decrease and the money supply decreases Bond prices decrease and the money supply increases Bond prices increase and the money supply decreases Bond prices increase and the money supply increases You must select an answer before proceeding to the next question.Submit AnswerQuestion 10 out of 10The Federal Reserve System is controlled by who? The U.S. Treasury Department The President The Board of Governors Congress You must select an answer before proceeding to the next question.Submit Answer Subscribe to AMAC Daily News and Games Email If You Enjoy Games Like This - Subscribe to the AMAC Daily Newsletter! It's easy and FREE Subscribe Today! First Name Last Name Email *By providing your email address and subscribing, you agree to allow AMAC to send you "Join AMAC" emails, if you are not already an AMAC Member. Share Read more articles by The Association of Mature American Citizens Subscribe Login Notify of new follow-up comments new replies to my comments Label Name* Email* Label Name* Email* 31 Comments Most Voted Newest Oldest Inline Feedbacks View all comments Sherry Ware 2 years ago 7/10 Mostly lucky guesses. I learned some things today. Freda . 2 years ago 7:10..Mostly lucky guesses for me as well. Cindy Ferguson 2 years ago 2 of 10 – my worst score ever Ray 2 years ago 7/10 surprised myself. Hondo 2 years ago I thought that the Secret Service was part of the Treasury Department Bob L. 2 years ago I did the worst of any other quiz I’ve taken. Question # 1 dos not refer to the FED at all since the fed wasn’t created until 1913 – unconstitutionally by the way. Woodrow Wilson did not create the fed either, it was the brainchild of some international bankers from New York how met secretly at Jekyll Island Georgia to lay down the groundwork. Question # 7 the fed has done anything BUT establish economic stability. They have often done more harm than good to the economy with their “pump priming” activities that results in steady, permanent inflation. The fed has been know to influence elections by their “tight or loose” money policies. Question # 8 Do you know the fed is actually a private corporation that charges a fee for every new dollar it creates? It’s a strange “animal”, a sort of hybrid with a connection to, but set apart from the government. Question # 9 For decades now, the fed has had to buy back bonds from the open market that just were not bought by investors too many bonds or lack of interest in them are two reasons they would not sell. Question # 10 The fed has been dominated by progressive globalist, probably since the CFR was created or at least since the FDR years. There’s a book about the creation of the fed, it’s long and can be boring but shines the light on this illegal corporation. “The Creature From Jekyll Island” is still available. Lana 2 years ago I did lousy-4of10. Becca 2 years ago 8/10. paid to read up on the Fed after Monday’s picture Gail Berry 2 years ago 5/10 Thought I knew more about the Fed Reserve. Oh well. Now I know more. Barb 2 years ago 3/10 ???? Terri 2 years ago Who cares!? The economy and the government is so screwed up now it doesn’t seem to make a difference whether we get the right answers or not. They print money faster than they can spend it. God help us!!! Marilyn 2 years ago Woo-hoo! I got 2 right! And one of those was a guess! Judith Dunn 2 years ago 10/10 I’m very interested in how screwed up it is. Cynthia 2 years ago 4/10 I’m surprised that so many of us didn’t do well. Sue J. 2 years ago Well, I got 9/10 wrong. Kate 2 years ago 6/10. They were all guesses, so I think I did pretty good. Ha ! Lilly 2 years ago 5/10 ROBERT 2 years ago 4 of 10. Peter 2 years ago I only managed 4/10 but it sure taught me and I liked the quizz. Sue H 2 years ago 7/10 – I didn’t think I would get that many 🙂 T. Anderson 2 years ago 6/10, but every answer was nothing but a guess. Byron 2 years ago Did you mean “Controlled by WHOM???” Does somebody there know English? Mike 2 years ago Got 7 of 10. Who and what is the Board of Governors? Guessing this is a board formed by the head of the 12 Federal Reserve Regional banks? Paul Lubell 2 years ago 8 of 10. In 1965 after I graduated with an MBA in Finance, I would have gotten a perfect score. Most people don’t know the federal reserve is a pr 2 years ago 8 out of 10 high school graduate class of 76.Most people don’t know the federal reserve is a private bank that prints our money and we borrow it from them and pay them interest. How stupid can we be. . wpDiscuz310Would love your thoughts, please comment.x()x| ReplyInsert Login Login Join Renew Member Benefits Newsline Member Benefits Advocacy Our Actions About Advocacy Issues Get Involved Weekly Update Annual Report Find Your Representative AMAC App Better for America Podcast AMAC Blog FAQ About Us Overview Our Team Our Stance on Key Issues Magazine Medicare Games Voice Your Opinion in AMAC Polls AMAC in the Media AMAC Action AMAC Foundation Social Security Guarantee Contact Advertise with AMAC Terms & Conditions Privacy Policy
