economics ch 13-14

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