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Chairman of the Federal Reserve: Quiz


Question 1: By law, the chairman reports twice a year to Congress on the Federal Reserve's ________ objectives.
Federal Reserve SystemCentral bankMonetary policyOpen market operations

Question 2: The Chairman of the Board of Governors of the Federal Reserve System is the head of the central banking system of the ________.
United StatesPhilippinesAlaskaCanada

Question 3: In effect, the Federal Reserve Board members in ________ were significantly less powerful than the governors of the regional Federal Reserve Banks prior to 1935.
BostonPhoenix, ArizonaWashington, D.C.Atlanta

Question 4: ________ (February 1, 1970 – January 31, 1978)
Alan GreenspanArthur Frank BurnsJoseph StiglitzBen Bernanke

Question 5: ________² (August 11, 1987 – January 31, 2006)
Objectivist movementBen BernankeAyn RandAlan Greenspan

Question 6: ________ (April 2, 1951 – February 1, 1970)
William McChesney Martin, Jr.Eugene Isaac MeyerMarriner Stoddard EcclesAlan Greenspan

Question 7: ________
Federal Reserve SystemFederal Open Market CommitteeHistory of central banking in the United StatesFull-reserve banking

Question 8: The Chairman is the "active executive officer" (see 12 U.S.C. § 242) of the Board of Governors of the ________.
Federal Reserve SystemCentral bankUnited States dollarGreat Depression

Question 9: ________ (March 8, 1978 – August 6, 1979)
George P. ShultzTimothy GeithnerG. William MillerW. Michael Blumenthal


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