Across
- 3. - Discount rate is a central bank regulation employed by most, but not all, of the world's central banks, that sets the minimum fraction of customer deposits and notes that each commercial bank must hold as reserves
- 5. - how central bank manage the money supply to guide healthy economic growth.
- 6. - A tax imposed on imported goods and services
- 10. - The interest rate charged to commercial banks and other depository institutions for loans received from the Federal Reserve Bank's discount window
- 13. - The highest point between the end of an economic expansion and the start of a contraction in a business cycle
- 15. - The ability of a firm or individual to produce goods and/or services at a lower opportunity cost than other firms or individuals
- 16. - is a low turning point or a local minimum of a business cycle
- 17. or businesses of a country.
- 19. market operation - A central bank uses them as the primary means of implementing monetary policy.
- 20. committee - The branch of the Federal Reserve Board that determines the direction of monetary policy.
- 25. - A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction.
- 26. - A function of international trade whereby goods produced in one country are shipped to another country for future sale or trade
Down
- 1. - are the goods and services that are bought by residents,
- 2. - The ability of a country, individual, company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.
- 4. - A central bank policy designed to curb inflation by increasing the reserves of commercial banks (and consequently reducing the money supply, through open market operations).
- 7. - is the total value of the goods and services produced in a country, plus the value of imported goods less the value of exports.
- 8. - a cycle or series of cycles of economic expansion and contraction.
- 9. - is commonly defined as an extreme recession that lasts two or more years.
- 11. - The last price at which a security or commodity traded
- 12. - Bank which is part of the Federal Reserve System; or more generally, a bank that is part of a central clearing.
- 14. - is a slowdown or a massive contraction in economic activities.
- 18. of governors - The governing body of the Federal Reserve System, which is responsible for U.S. monetary policy.
- 20. rate -- the interest rate" at which depository institutions actively trade balances held at the Federal Reserve.
- 21. - the action of becoming larger or more extensive
- 22. - A policy by which a central monetary authority, such as the Federal Reserve System, seeks to make money plentiful and available at low interest rates
- 23. federal reserve system - is the central banking system of the United States
- 24. - A government order that restricts commerce or exchange with a specified country.