Question Title

1. How is the unemployment rate calculated?

Question Title

2. What is the federal funds rate?

Question Title

3. During which time period did we experience our last economic recession?

Question Title

4. What is the Fed’s “dual mandate”?

Question Title

5. Which key interest rate do the Fed’s policymakers control?

Question Title

6. Who is the current Chair of the Federal Reserve System?

Question Title

7. What is inflation?

Question Title

8. Who determines monetary policy in the U.S.?

Question Title

9. What is the Fed’s longer-run inflation target?

Question Title

10. What is the “real” fed funds rate?

T