ECON 1002 BV - Week 7

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Across
  1. 1. Financial institutions through which savers can indirectly provide funds to borrowers
  2. 4. Equal to Y-C-G
  3. 6. Deposits that can be accessed on demand by writing a cheque
  4. 8. The banking system that allows for the creation of money beyond the initial deposit
  5. 9. The source of the demand for loanable funds
  6. 12. Open-market operations represent the buying and selling of Government of Canada _____
  7. 13. How easily an asset can be converted into currency
  8. 14. Financial institutions through which savers can directly provide funds to borrowers
  9. 15. tax revenue that the government has left after spending
Down
  1. 2. The return to saving and cost of borrowing
  2. 3. The Canadian institution designed to regulate the quantity of money in our economy
  3. 5. A(n) _____ in the overnight rate results in a reduction of the money supply
  4. 7. The BoC reduces the supply of Canadian dollars by ____ foreign currencies
  5. 8. The value of the money multiplier when the reserve ratio is 20%
  6. 10. The process of offsetting foreign exchange market operations with open-market operations
  7. 11. Form of money with intrinsic value