Economics CH. 10 Terms

12345678910
Across
  1. 3. Slang for the United States dollar
  2. 5. Consists of all of the assets in M1 plus deposits in savings accounts and money market mutual funds
  3. 8. This is a bank fund which is normally found in checking accounts that can be withdrawn immediately with no penalty
  4. 10. A low-risk savings account offered by banks or credit unions
Down
  1. 1. Occurs when a large number of depositors all withdraw their funds from a financial institution due to distrust in the bank
  2. 2. The central bank of the United States
  3. 4. This consists of objects that have value in themselves
  4. 6. "legal tender," has value because the government decreed that is an acceptable means to pay debts
  5. 7. An independent U.S. government agency created to maintain stability and public confidence in the financial system
  6. 9. Consists of assets that have assets or the ability to be used as or easily converted into cash