watch https://www.youtube.com/watch?v=jFnH9MCdpLo

1. What is U.S. paper money also known as?

Group of answer choices

• The U.S. Government note.
• The currency note.
• The Federal Reserve note.
• The paper money note.

2. The Federal Reserve was created in:

Group of answer choices

• 1913.
• 1918.
• 1933.
• 1929.

3. The Fed's essential mission is to establish and maintain public's confidence in the U.S. monetary and banking system.

Group of answer choices

• True
• False

4. Which of the following is true?

Group of answer choices

• In the 1800's, banks and states could issue FDIC.
• In the 1800's, banks and states could print their own money.
• In the 1800's, banks and states could print only one currency such as U.S. Dollar.
• In the 1800's, banks and states could not print their own money.

5. There were over 30,000 different currencies in the 1800's.

Group of answer choices

• True
• False

6. Who signed the Federal Reserve Act to create the Federal Reserve system?

Group of answer choices

• President Calvin Coolidge.
• President Franklin Delano Roosevelt.
• President Theodore Roosevelt.
• President Woodrow Wilson.

7. Board of Governors and twelve regional Federal Reserve banks are the primary parts of the Fed.

Group of answer choices

• True
• False

8. What are the three primary responsibilities of the Fed mentioned in the video?

Group of answer choices

• The Fed supervises the banking system
• The Fed establishes provides financial services.
• All the answers are correct.
• The Fed establishes monetary policy.

9. What is the name of the committee that influences the money supply?

Group of answer choices

• Federal Open Market Committee.
• Bond commitee.
• Open Market Operation committee.
• Stock commitee.

10. The Federal Reserve is known as bankers' bank.

Group of answer choices

• True
• False

11. According to the video, the real purpose of the Fed is to provide trust in the U.S. Dollar.

Group of answer choices

• True
• False