Joseph Flick - The Federal Reserve and Monetary Policy
Across
- 4. The banks that govern the monetary policy of 12 separate districts around the country.
- 6. The sales and purchase of federal government securities.
- 9. Supervises the sales and purchase of government securities.
- 10. Coins and paper money.
- 13. A nation’s main monetary authority.
- 16. Owns, or has a controlling interest in, more than one bank.
- 19. Supervises the operations of the Fed.
- 20. An audit of the bank’s financial practices.
Down
- 1. The fraction of a bank’s deposits that it must keep in reserve.
- 2. A financial institution that serves savers.
- 3. A plan to increase the money supply.
- 5. The central bank of the United States.
- 7. A term that means “relating to money.”
- 8. The interest rate that the Fed charges when it lends money to other banks.
- 11. The interest rate that banks charge one another to borrow money.
- 12. The head of the Federal Reserve who makes executive decisions on monetary policy.
- 14. The interest rate that banks charge their best customers.
- 15. A plan to reduce the money supply.
- 17. A service offered by the Fed to record receipts and expenditures of bank clients.
- 18. Includes the Fed’s actions that change the money supply in order to influence the economy.