Title: QUIZ: Introduction to the Federal Reserve -- The Federal Reserve and You
Course: Kelly's Copy & Export Course > Section: Introduction to the Federal Reserve -- The Federal Reserve and You

Q: The central bank of the United States is the
- Comptroller of the Currency.
- Federal Reserve System.
- U.S. Treasury.
- Bureau of Monetary Affairs.
A: Federal Reserve System.

Q: An economy is a system
- of banking in a country.
- of all the goods and services produced in a country.
- of production by which we measure a country’s output.
- by which goods and services are produced, sold, and bought in a country.
A: by which goods and services are produced, sold, and bought in a country.

Q: Which of the following is a responsibility of the central bank of the United States?
- Implement fiscal policy
- Mint currency
- Set prices
- Conduct monetary policy
A: Conduct monetary policy

Q: Congress has told the central bank of the United States of focus its efforts and policies on promoting
- a sound fiscal policy.
- loans to small businesses and individuals.
- loans to large businesses and banks.
- maximum employment and stable prices.
A: maximum employment and stable prices.