Chapter 21

Edit Answers
12345678910111213141516171819
Across
  1. 2. prior to 1863 each bank could ________ money
  2. 4. ______ Union formed by people who work in the same industry
  3. 7. (2) helps the FED make decisions regarding policy
  4. 10. the National Banking Act created a national ____
  5. 12. the FED regulates ____
  6. 13. policy provides the FED with a set of options
  7. 15. when the FED lowers interest rates this will ___ the nations money supply
  8. 16. (2) takes money out of circulation
  9. 17. attaching a price to a product is which role of money _____ of value
  10. 18. the Federal government passed the National ____ Act
  11. 19. During the depression FDR ordered the banks to close or have a bank __________
Down
  1. 1. CDs most likely pay the interest rate at financial institutions
  2. 3. who picks people to serve on the FED's Board of Governors
  3. 4. Who created the FED and still has authority over it
  4. 5. the __________ and Loan crisis took place in the 1980s
  5. 6. FDIC does what to our money
  6. 8. financial institutions cover their cost by charging ______
  7. 9. risky ____ loans led to the credit crisis in 2008
  8. 11. largest part of the financial system _____ banks
  9. 14. the FED increases the money supply when it _____ bonds