This lesson contains 19 slides, with interactive quizzes, text slides and 1 video.
Items in this lesson
Slide 1 - Video
Chapter 16:The Federal Reserve and Monetary Policy
Section 1: The Federal Reserve System
Pages 474-479
Slide 2 - Slide
Objectives
Examine the purpose and duties of a central Bank
Analyze the structure of the Fed
Debate on the importance of a central bank
Slide 3 - Slide
Central bank is a nation’s main monetary authority, which is able to conduct certain monetary practices.
Monetary means “relating to money.
The Federal Reserve System is the central bank of the United States and is commonly called the Fed.
Slide 4 - Slide
What is the other name of a central bank of United states?
A
Central Bank
B
Bank of America
C
American Bank
D
Fed
Slide 5 - Quiz
There are three common duties that all central banks perform: holding reserves, assuring stability of the banking and monetary systems, and lending money to banks and the government.
Slide 6 - Slide
How does the central bank control the money supply?
Slide 7 - Mind map
Answers
Central bank holds reserves to influences the amount of loanable funds banks have available.
Slide 8 - Slide
How is confusion avoided when notes are issued by individual banks?
Slide 9 - Open question
Answers
Central Banks controls the way money is issued and circulated.
Slide 10 - Slide
Structure of the Fed
1.Board of governors
2.Twelve District Banks
3.Member Banks
4.Federal Open Market Committee
5.Advisory Councils
Slide 11 - Slide
Slide 12 - Slide
How commercial banks are there in member banks?
A
2500
B
5000
C
2900
D
3000
Slide 13 - Quiz
Who sets up the policy for the banks?
Slide 14 - Mind map
Answers
Board of governors
Slide 15 - Slide
How do member banks provide funding for the Fed?
Slide 16 - Open question
Importance of central bank
Central banks play a crucial role in ensuring economic and financial stability. They conduct monetary policy to achieve low and stable inflation.
Slide 17 - Slide
Why do you think every country should have a central bank? Or how does it help during a financial crisis?