Federal Reserve

Watch the following 13 minute video on the Federal Reserve (hosted by Buck :)

Federal Reserve

Answer the following questions while watching:

Federal Reserve Questions:

1. What are the (3) parts of the Fed?

2. Is Buck wearing skinny jeans?

3. Why was the Fed created?

4. What does the board of governors do?

5. What does the FOMC do?

6. Why is the Reserve bank called a bankers bank?

7. What is the federal funds rate?

8. How does the Fed monitor the commercial banks?

9. How does the fed help banks respond to crises?

            9.a How might this policy have led to the bailout?