Ch 10 Review

1234567891011121314151617181920212223
Across
  1. 1. Actions taken by central banks to influence the money supply and interest rates​
  2. 6. are financial institutions that accept deposits and make loans​
  3. 7. Purpose: Maintain stability, protect consumers, and prevent fraud
  4. 9. Purpose: Central banking system of the United States
  5. 11. money: Using valuable items as currency (e.g., gold, silver)​
  6. 13. money: Introduction of banknotes and government-issued currency​
  7. 14. Markets where company shares are traded​
  8. 15. fixed repayment ex. car loans
  9. 16. annual percentage rate
  10. 18. represents your creditworthiness
  11. 21. max amount you can charge
  12. 22. Global marketplace for trading currencies​
  13. 23. pay for services ex. cell phone
Down
  1. 1. is a medium of exchange, unit of account, and store of value
  2. 2. convenience and builds credit history
  3. 3. Allocating money with the expectation of future returns
  4. 4. price you pay to borrow money
  5. 5. high interest rates and potential for debt
  6. 8. Markets where raw materials and primary products are traded
  7. 10. ongoing borrowing ex. credit cards
  8. 11. ability to borrow money
  9. 12. money: Electronic payments and cryptocurrencies​
  10. 17. lowest amount you must pay monthly on a credit card
  11. 19. where financial assets are bought and sold
  12. 20. Markets where debt securities are traded​