How often should you typically monitor your checking account?
  • Monthly
  • Memo Line
  • higher
  • Overdraft fee
The three parts of the Federal Reserve System are the:
  • Reserve Banks, the Federal Open Market Committee (FOMC), and the Board of Governors
  • To help you calculate how much money you have in your account
  • ATM service, service fee, & Minimum balance fee
  • Only use ATMs in your bank's network
With a traditional savings account, you could be charged a fee if:
  • You withdraw money too often
  • Certificate of Deposit (CD)
  • Department of the Treasury
  • Establishing the federal budget
Which of the following is a primary responsibility of the Federal Reserve Bank?
  • Department of the Treasury
  • Certificate of Deposit (CD)
  • Establishing the federal budget
  • Establish monetary policy
What part of a check is the LEAST important?
  • Checking account
  • Certificate of Deposit (CD)
  • Memo Line
  • Payday Lender
It is ___ to access your money in a saving account than in a checking account.
  • higher
  • Credit Union
  • Department of the Treasury
  • harder
Which type of account is typically the MOST liquid?
  • Credit Union
  • Checking account
  • Overdraft fee
  • Certificate of Deposit (CD)
Which of the following represent typical account fees?
  • Establishing the federal budget
  • Overdraft fee
  • ATM service, service fee, & Minimum balance fee
  • Department of the Treasury
Savings accounts usually offer ____ interest rates than checking accounts.
  • Credit Union
  • harder
  • higher
  • Monthly
Which of the following feed would likely be the highest?
  • Department of the Treasury
  • Payday Lender
  • Overdraft fee
  • ATM service, service fee, & Minimum balance fee
Which of the following is NOT one of the responsibilities of the Federal Reserve?
  • ATM service, service fee, & Minimum balance fee
  • Establishing the federal budget
  • Department of the Treasury
  • Certificate of Deposit (CD)
Which of the following is not a type of bank?
  • Memo Line
  • Checking Account
  • Overdraft Fee
  • Payday Lender
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