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Multiple Choice Quiz
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1
The boundaries of Federal Reserve District Banks have not changed since 1914.
A)True
B)False
2
Monetary policy decisions today are most directly under the control of the Federal Open Market Committee.
A)True
B)False
3
The Fed is currently relying on a money growth-rate target.
A)True
B)False
4
The Fed meets only two of the three criteria for a central bank's independence.
A)True
B)False
5
The central bank for each member nation in the European Monetary Union is able to pursue its own independent monetary policy.
A)True
B)False





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