Across
- 2. rate at which a unit of currency of one country can be exchanged for a unit of currency of another currency
- 4. means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy
- 8. desired holding of financial assets in the form of money- cash and bank deposit
- 9. actions of a central bank, currency board or regulatory committee specifying the size and rate of growth of the money supply
- 12. wire transfer of money from one bank account to another
- 15. type of government bond issued with shorter maturities than T-bonds
- 16. standard mass of gold defines the value of a currency unit
- 18. promissory notes issued by a Federal Reserve Bank
- 19. something generally accepted as a medium of exchange a measure of value or means of payments (Merriam-Webster Dictionary)
- 20. type of money made with metal, stamped and issued by the authority of government
Down
- 1. type of treasuries which have the longest maturities of all government bonds
- 3. system of money in general use in a country
- 5. paper currency issued by the Continental Congress
- 6. payment card issued by a bank to cardholders as a method of payment
- 7. form of legal tender which can be used to exchange goods, debt or services
- 10. slip of paper which allows the user to make payment from his or her bank account to a business or individual
- 11. payment card which provides the cardholder electronic access to their bank account
- 13. government bonds issued with terms of four, 13, 26, or 52 weeks
- 14. form of debt issued by a Federal Reserve Bank
- 17. total amount of monetary assets available in a country's economy at a specific time