Money, Banking, Finance

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Across
  1. 1. US government agency established to maintain stability and public confidence in the nation's financial system
  2. 3. a broader measure of the money supply that includes everything in M1, plus less liquid assets like savings deposits, money market funds, and small-denomination time deposits
  3. 4. (Certificate of Deposit) is a savings account that requires you to keep your money locked in for a fixed period of time in exchange for a guaranteed, higher interest rate than a regular savings account
  4. 6. when many customers simultaneously try to withdraw their money from a bank, often because they fear the bank might fail.
  5. 7. a bank account from which deposited funds can be withdrawn at any time, without advance notice
  6. 8. a type of government-issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity
Down
  1. 1. the Federal Reserve System, the central bank of the United States
  2. 2. money that has intrinsic value, meaning that it has value even if it is not used as money
  3. 5. a slang term for U.S. paper dollars
  4. 9. the most narrowly defined measure of the money supply