Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
|
Board of Governors |
The seven-member board that oversees the Federal Reserve System |
|
|
Monetary policy |
The actions the Federal Reserve takes to influence the level of real GDP and the rate of inflation in the economy |
|
|
Federal Reserve Districts |
The twelve banking districts created by the Federal Reserve Act |
|
|
Federal Advisory Council (FAC) |
The research arm of the Federal Reserve |
|
|
Federal Open Market Committee (FOMC) |
Federal Reserve committee that makes key decisions about interest rates and the growth of the United States money supply |
