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- Lesson 4 Keys to Investing Students explore different types of financial assets and how to use asset allocation and diversification to balance risk and reward. They get the opportunity to meet with a financial advisor to discover how investing can...
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Financial Education – Marketplaces – Youth Investment Education
What are the three main responsibilities of the Federal Reserve? Provide and Maintain an effective payment system 2. Supervise and regulate banking operations 3. Conduct monetary policy Which type of financial institution typically has some sort of requirement to be a member? Credit Union Which type of bank account is typically the most liquid? Which offers more interest? Which is easier to get money out of? Savings account offers more interest. Checking accounts are more easier to get your money out of. Between checking, savings, money market, and certificate of deposit, which typically has the highest interest rate? Which has the lowest liquidity? Reserve Banks 2. Federal Open Market Committee 3. Board of Governors. List four possible fees associate with a checking account.- ATM fee is highest. What are some unique features of a credit union? Credit Unions are typically owned and run by their members. Credit Unions offer a wide variety of banking services What three things do the numbers on the bottom of a typical check represent? Routing Number.
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