Fiscal

3. When government revenues exceed expenditures in a given year.
7. Laws that reduce unemployment and increase GDP.
12. The interest rate that the Fed charges commercial banks.
17. Something that serves as money but has no other value.
20. When the Fed buys or sells government bonds.
21. The minimum amount of reserves a bank must hold against deposits, set by the Federal Reserve.
22. is anything that is accepted as payment for goods and services.
23. When the central bank adjusts the money supply to speed up or slow down the economy.
24. the total collection of assets.

1. The total amount of money the government owes, accumulated from past deficits minus surpluses.
2. The interest rate that banks charge one another for one-day loans.
4. The fraction of deposits that banks are required to keep in reserve rather than lend out.
5. Helps stabilize the economy.
6. The Federal Reserve makes to banks on the reserves they hold, influencing lending behavior.
8. Money measures the value of all goods and services.
9. performs the function of money and has intrinsic value.
10. Laws that reduce inflation, decrease GDP.
11. When government expenditures exceed revenues in a given year.
13. Money can easily be used to buy goods.
14. When the Feds decrease the Discount Rate.
15. Money allows you to store purchasing power for the future.
16. a flow of earnings per unit of time.
18. When the feds increase the Discount Rate.
19. Regulates banks and make sure people have faith in our financial system.