Across
- 1. Actions taken by central banks to influence the money supply and interest rates
- 6. are financial institutions that accept deposits and make loans
- 7. Purpose: Maintain stability, protect consumers, and prevent fraud
- 9. Purpose: Central banking system of the United States
- 11. money: Using valuable items as currency (e.g., gold, silver)
- 13. money: Introduction of banknotes and government-issued currency
- 14. Markets where company shares are traded
- 15. fixed repayment ex. car loans
- 16. annual percentage rate
- 18. represents your creditworthiness
- 21. max amount you can charge
- 22. Global marketplace for trading currencies
- 23. pay for services ex. cell phone
Down
- 1. is a medium of exchange, unit of account, and store of value
- 2. convenience and builds credit history
- 3. Allocating money with the expectation of future returns
- 4. price you pay to borrow money
- 5. high interest rates and potential for debt
- 8. Markets where raw materials and primary products are traded
- 10. ongoing borrowing ex. credit cards
- 11. ability to borrow money
- 12. money: Electronic payments and cryptocurrencies
- 17. lowest amount you must pay monthly on a credit card
- 19. where financial assets are bought and sold
- 20. Markets where debt securities are traded