Fiscal Monetary Policy

3. is anything that is accepted as payment for goods and services.
7. When government expenditures exceed revenues in a given year.
8. Helps stabilize the economy.
11. The interest rate that banks charge one another for one-day loans.
12. The fraction of deposits that banks are required to keep in reserve rather than lend out.
13. When the feds increase the Discount Rate.
14. the total collection of assets.
15. a flow of earnings per unit of time.
17. Laws that reduce unemployment and increase GDP.
18. The interest rate that the Fed charges commercial banks.
19. When government revenues exceed expenditures in a given year.
21. When the central bank adjusts the money supply to speed up or slow down the economy.
22. The total amount of money the government owes, accumulated from past deficits minus surpluses.
23. Money measures the value of all goods and services.
24. The Federal Reserve makes to banks on the reserves they hold, influencing lending behavior.

1. When the Fed buys or sells government bonds.
2. When the Feds decrease the Discount Rate.
4. The minimum amount of reserves a bank must hold against deposits, set by the Federal Reserve.
5. Something that serves as money but has no other value.
6. Laws that reduce inflation, decrease GDP.
9. performs the function of money and has intrinsic value.
10. Regulates banks and make sure people have faith in our financial system.
16. Money can easily be used to buy goods.
20. Money allows you to store purchasing power for the future.