C.++IN+PLAIN+ENGLISH

PLEASE USE THE LINK BELOW TO WATCH "IN PLAIN ENGLISH", A VIDEO ABOUT THE FEDERAL RESERVE SYSTEM. IT IS SPONSORED BY THE ST. LOUIS FEDERAL RESERVE BANK.

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After watching the video, please have fun playing with the word search, crossword puzzle and other interactives found on the site. Explore the available resources and learn all about the Fed at the same time!

TAKE NOTES. BE SURE TO HAVE THE ANSWERS TO THE FOLLOWING QUESTIONS IN YOUR NOTES FOR OUR F2F DISCUSSIONS.

1. Who created the Federal Reserve System?

2. Name the three parts of the Federal Reserve System.

3. What is the name of the Fed's chief monetary policymaking body?

4. How many districts make up the Federal Reserve System?

5. In which Federal Reserve district do you live?

6. What are the three responsibilities of the Federal Reserve System?

7. Name the three activities you might see at Reserve banks.

8. What is the Fed's most frequently used tool for conducting monetary policy?

9. How does banking supervision differ from banking regulation?

10. Name three financial services the Fed offers.