Federal Reserve & Monetary Policy Webquest

You are going to first start by understanding the Federal Reserve and what they do. For each of the following, click on the question which will take you to a new website. When you have answer the question, come back here and click the next question.

1.    What is monetary policy, and how does it relate to the Federal Reserve?

2.    What are the three goals of monetary policy?

3.    What problems existed in the 19^th century because of the lack of a central bank?

For this section, click on the question and it will take you to another website. Read all of the information on the interactive site to help you answer the following questions.

4.    What are the 4 duties of the Federal Reserve?

            5.FEDERAL OPEN MARKET COMMITTEE (FOMC) What is the primary purpose of the FOMC?