Chapter 15.1 created by Jordyn Charron
Across
- 2. action taken to manage the supply of money and interest rates in an economy
- 5. banks that are part of the FDR
- 8. A security that matures in a year or less
- 11. Anything of value that is accepted in return for goods or services
- 14. Another word for money
- 16. means that money is a common measure of the worth or price of a good or service
- 17. To exchange one good or service for another good or service
- 18. money is used in exchange for goods and services needed by individuals, businesses, and governments
- 19. a plastic card that allows the holder to make credit purchases up to an authorized amount
Down
- 1. means that money can be saved and used at a later date
- 3. the mechanism a nation uses to provide and manage money for itself
- 4. A type of financial investment issued by a corporation, government, or other organization
- 6. a transfer of money from one bank account to another
- 7. allows customers to pay for purchases directly from their checking account
- 9. A security that pays interest over terms ranging from 2-10 years
- 10. the process of transferring money from one individual or organization to another.
- 12. the concept that money received today can be invested or deposited in the bank to earn interest
- 13. A type of a document guaranteeing the payment of a specific amount of money (demand or set time)
- 15. A security that pays interest over terms of 10-30 years