Topic 9 Crossword

4. (two words) Reserves held by banks beyond what is required by the Fed
6. When government spending is greater than tax revenue
7. An economic policy used to reduce economic growth
9. A financial asset issued by a corporation or government
11. Required ___ ___ - the fraction of deposits banks are required to keep in their vaults
15. (hyphenated) The loss of funds for private investment caused by government borrowing
16. ___ Policy - the use of government spending and revenue collection to influence the economy
17. When tax revenues are greater than government spending
18. ___ Policy - the actions the Federal Reserve takes to influence the economy
19. An economic policy used to encourage economic growth
21. ___-___ Economics - a school of thought that suggests altering aggregate demand is better to stabilize the economy

1. ___ Economics - A a school of thought based on the idea the free market should have no government involvement
2. The belief that money supply is the most important factor in macroeconomic performance
3. (three words) the interest rate that banks charge other banks for loans
5. (two words) the interest rate the Federal Reserve charges other banks for loans
8. (two words) The accumulation of deficits year-over-year; obligations to government bond holders
9. ___-___ Economics - a school of thought that suggests altering short-run aggregate supply is better to stabilize the economy
10. (two words) a government bond that is issued with a term of 30 years
12. (two words) A written document estimating the federal government's revenue and authorizing its spending for the coming year
13. (two words) Operations conducted by the Fed that involve the exchanging of securities in order to alter money supply
14. (two words) 1/rr
20. ___ Economics - the school of thought that uses demand-side theory as the basis for encouraging government action to help the economy