Across
- 4. (M2 long term deposits)
- 5. 2 words: eliminating of the time spent in exchanging goods and services
- 8. money that is earned from doing work or received from investments
- 9. 3 words: measure the purchasing power of the stock of money
- 10. efficiency or ease with which an asset or security can be converted into ready cash without affecting its market price
- 12. word+to+word: the total return anticipated on a bond if the bond is held until it matures
- 16. 2 words: loan, the lender provides the borrower with an amount of funds (principal) that must be repaid to the lender at the maturity date, along with an additional payment for the interest(simple interest rate)
- 17. the sum total of assets (things that you own) that give you financial security
- 18. word+word+of+word: states that money supply and price level in an economy are in direct proportion to one another
- 21. word+of+word: the monetarist theory is the equation of exchange, which is expressed as MV = PQ
- 22. word+of+word: average number of times per year that a dollar is spent in buying the total amount of goods and services produced in the economy
- 25. money within the banking system that is briefly counted twice due to time gaps in registering a deposit or withdrawal
- 28. word+of+word: measurement for value; one of the money functions
- 30. total supply of currency the stored commercial bank reserves at the central bank
- 31. medium of exchange for goods and services.
- 32. 2 words: a formal way of accounting for money, such as cash or money market funds
- 33. 2 words: any system used to settle financial transactions through the transfer of monetary value
Down
- 1. 2 words: paper currency decreed by governments
- 2. word-word:system of purchasing cash credits, storing the credits in your computer or digital wallet
- 3. 3 words: model that suggests that an investor should demand a higher interest rate or premium on securities with long-term maturities
- 4. 2 words: posits that a change in money supply is a key driver of economic activity
- 6. word+of+word: asset, commodity, or currency that maintains its value without depreciating
- 7. 2 words: price level is increasing rapidly, money loses value rapidly
- 11. word-word+word: payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution
- 13. 2 words: currency electronically stored on electronic systems and digital databases used to make it easier to transact electronically
- 14. 2 words: payment card that deducts money directly from a consumer’s checking account when it is used
- 15. cash in circulation and in bank reserves
- 19. notes and coins in circulation money equivalents (i.e regular bank saving accounts)
- 20. 3 words: interest rate makes no allowance for inflation
- 23. notes and coins in circulation money equivalents (i.e regular bank saving accounts)
- 24. word+of+word: ntermediary instrument or system used to facilitate the purchase and sale of goods and services between parties
- 26. 3 words: interest rate that is adjusted by subtracting expected changes in the price level (inflation)
- 27. 2 words: plastic card that contains a microprocessor and a memory chip or just a memory chip
- 29. 2 words: precious metals (gold, silver...) and others valuable commodity, medium of exchange