Unit 4 Crossword Puzzle

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Across
  1. 2. The discount rate is the interest rate the Fed charges on loans to:
  2. 5. Something of value used to secure a loan
  3. 6. A mutual fund allows investments to be
  4. 8. The exchange of goods and services without using money is known as
  5. 13. The cost of borrowed money, usually expressed as a percentage
  6. 14. When the government spends more money than they take in each year is called a
  7. 15. A budget surplus exists when the government does what
  8. 16. In the money supply, what represents the cash held by the public and money deposited in checking accounts?
Down
  1. 1. Amount of money originally borrowed
  2. 3. This is a paper component of the money supply, today consisting of Federal Reserve notes
  3. 4. The double coincidence of wants problem can be solved by
  4. 6. Because mutual funds spread your investment around in multiple stocks and bonds, they are a great example of this term
  5. 7. The availability of money; how quickly you can convert it into cash in your hand is its
  6. 9. An economic system in which the means of production and distribution are privately or corporately owned and developed
  7. 10. what is the source of the supply of loanable funds?
  8. 11. Money owed to a person or a business
  9. 12. The central bank in the USA that regulates the monetary system
  10. 17. The Federal Reserve act was signed in