economics ch 13-14
Across
- 1. currency and deposits used to meet the reserve requirements
- 4. interest rate that the federal reserve system charges on loans to the nations financial instituions
- 7. paper and coin component of the money supply
- 8. reserves kept by member banks at the fed to satisfy reserve requirments
- 12. the final burden of the tax
- 13. a relatively high tax designed to raise revenue.
- 15. the price of credit to a borrower
- 16. exceptions or oversights in the tax law allowing taxpayer to avoid taxes
- 17. metallic forms of money such as pennies and all that
- 18. hypothesis that the supply of money directly affects the price level over the long run
- 24. person who examines and values property for tax purposes
- 25. monetary policy resulting in higher interest rates and less access to credit
- 26. fiscal actions that do not require new actions to go into effect
- 27. adjustment of tax brackets to offset the effects of inflation
- 28. system making financial institutions set aside money
- 30. financial institution's cash, currency and reserves
- 31. bank belonging to the federal reserve
- 33. that part of the economy made up of the local state
Down
- 2. formula used to compute the amount of a depository
- 3. fee paid for the use of a good or service
- 5. relocation or removal of government regulations on business activities
- 6. monetary policy in the form of U.S. treasury bills or notes
- 9. company that owns or controls multiple banks
- 10. best or lowest interest rate
- 11. legislation authorizing spending for certain purposes
- 14. three member groups that devises strategies and advises the President of the U.S. on economic matters
- 19. general state or city tax levied on a product at the time of sale
- 20. people born when there was a very high birth rate
- 21. per person basis; total divided by population
- 22. change in overall spending caused by a change in investment spending
- 23. tax on the transfer of property when a person dies
- 29. lower interest and greater access to credit
- 32. a federal health care program for senior citizens regardless of income