Economics (McConnell) AP Edition, 19th Edition

Chapter 31: Money, Banking, and Financial Institutions

Web-based Questions

1
Who are the members of the Federal Reserve Board? The Federal Reserve Board Web site, www.federalreserve.gov/BIOS, provides detailed biographies of the seven members of the Board of Governors. What is the composition of the Board with regard to age, gender, education, previous employment, and ethnic background? Which Board members are near the ends of their terms?
2
Currency trivia Visit the Publications page of the Federal Reserve Bank of Atlanta, www.frbatlanta.org/. Scroll down the page and click on the link that reads Dollars and Cents on the right hand side of the page. Use the information you find to answer the following questions: What are the denominations of Federal Reserve Notes now being printed? What was the largest-denomination Federal Reserve Note ever printed and circulated, and when was it last printed? What are some tips for spotting counterfeit currency? When was the last silver dollar minted? What have been the largest and smallest U.S. coin denominations since the Coinage Act of 1792?
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