1. Who was permitted to issue paper money during the 1800s in the U.S.? 2. What U.S. president signed the Federal Reserve Act? What year was it passed? 3. What are the three primary roles of the twelve (12) Federal Reserve Banks? 4. Where is North Carolinas Regional Federal Reserve Bank located? Where is our local Federal Reserve Bank located? 5. How is a person appointed to the Board of Governors of the Federal Reserve Board? 6. What is the primary focus of monetary policy in the United States? 7. What decisions does the Federal Open Market Committee make when it meets? 8. Where does the Federal Open Market Committee meet? 9. According to the video, what are the economic conditions that may lead to inflation? 10. Why does the Fed attempt to make banks safe and sound for your money? 11. What do Federal Reserve bank examiners analyze when they audit a bank? 12. Why is the FED often called the bankers bank? 13. Why is the FED considered to be the United States governments bank? 14. Why is it so important that the FED play a vital role in the U.S. payments system? How can they process more than 20 billion checks per year? 15. Why are other central bank from around the world interested in how the Federal Reserve operates?