Chapter 16

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Across
  1. 3. The amount of money the banking system generates with each dollar of reserves is called the money _______
  2. 5. The Fed's decisions about the money supply are called the monetary _______
  3. 7. _______ are assets to the bank because they are funds available to the bank
  4. 8. Money serves as a medium of ________
  5. 11. Money serves as a unit of _______
  6. 12. The U.S's central bank
  7. 13. To trade goods and services directly for other goods and services
Down
  1. 1. balances in bank accounts that can be accessed on demand(2 words)
  2. 2. Money serves as a store of ________
  3. 4. Deposits are ______ to the bank
  4. 6. Paper bills and coins
  5. 9. _______ money is money that has intrinsic value
  6. 10. Loans are ______ to the bank
  7. 12. ____money is money without intrinsic value