Atlanta Fed History's Mysteries

1. When Atlanta's leaders were advocating for a regional Reserve Bank headquarters in 1914, what was the city's population?

100,000
200,000
400,000

2. Opened in 1915, the New Orleans Branch was the Federal Reserve System's first branch location. Which factor played a role in its establishment?

New Orleans's commercial importance
New Orleans's distance from Atlanta
Both of the above

3. The Atlanta Fed opened an agency in which Georgia coastal city in 1919 because of that city's importance to southeastern importing and exporting?

Brunswick
Sea Island
Savannah

4. The 1.5-ton cast bronze eagle that sits on a pedestal in front of the Atlanta Fed was cast in which city?

Birmingham, Alabama
Pittsburgh, Pennsylvania
Rome, Italy

5. The Atlanta Fed established an agency in what foreign country in 1923?

Mexico
Brazil
Cuba

6. The Atlanta Fed, like other regional Reserve Banks, experienced a shortage of what in the early 1960s?

Labor
Fuel
Coins

7. Which infrastructure innovation did the Atlanta Fed headquarters building begin adopting in 1937?

A sprinkler system
Smoke alarms
Air conditioning

8. The Atlanta Fed first hired what type of employee in 1938?

An economist
A bank examiner
A law enforcement officer

9. What asset did the Atlanta Fed—along with all the other Reserve Banks—transfer to the U.S. Treasury in 1934?

Gold
Silver
Treasury bonds

10. In 1918, Congress authorized the Federal Reserve to issue the largest U.S. bill ever in general circulation. What was the bill's denomination?

$1,000
$5,000
$10,000

Economy Matters