Lesson 1- Money Lesson 2- The Federal Reserve System
100
What is anything that a group of people accepts as a means of exchange?
What is money?
100
What is the United States suffered several recessions?
What happened in the United States in the 1900's?
200
What is the money that customers put into a financial institution?
What is a deposit?
200
What is seven?
How many members are in The Board of Governors?
300
What is portable, divisible, durable, or limited supply? ANSWERS MAY VARY.
What are at least 2 characteristics for an object to serve as money?
300
What is to oversee banking and carry out Fed policies in each district?
What is the purpose od The District Banks?
400
What is to buy cars or houses, businesses borrow to expand operations or buy new equipment?
What are some reasons people borrow money?
500
What is medium of exchange, store of value, and measure of value?
What are the three main functions of money?






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