Across
- 1. A situation where many depositors withdraw their money at the same time due to fear of a bank failure.
- 4. A decrease in the general price level of goods and services.
- 7. The Federal Open Market Committee, which oversees open market operations.
- 9. The ability of money to buy goods and services.
- 10. The buying and selling of government securities to regulate money supply.
- 13. The cost of borrowing money, usually expressed as a percentage.
- 14. The value of one currency compared to another.
- 15. The profit made by a government when issuing currency.
- 17. The interest rate at which central banks lend money to commercial banks.
- 18. Money in checking accounts that can be withdrawn anytime.
- 22. The rate at which money changes hands in the economy.
- 23. Extremely rapid or out-of-control inflation.
- 25. The ease with which an asset can be converted into cash.
- 26. Actions by a central bank to control the money supply and interest rates.
- 27. Government policies on taxation and spending to influence the economy.
- 29. A system where a country's currency value is fixed to another currency.
- 32. Instruments used by the central bank to manage money supply.
- 34. Money that must be accepted as payment by law.
- 35. A broader measure of money supply including M1 and savings deposits.
- 38. The economic theory that money supply is the key driver of economic performance.
- 39. The general rise in the price level of goods and services over time.
- 40. The total amount of a country's currency and reserves held by banks.
Down
- 2. The interest rate after adjusting for inflation.
- 3. The central banking system of the United States.
- 5. The minimum amount of reserves a bank must hold by law.
- 6. The total amount of money available in an economy.
- 8. Paper money and coins in circulation.
- 11. A measure of money supply that includes cash and checking deposits.
- 12. An institution that connects savers and borrowers, like banks.
- 16. A combination of high inflation and stagnant economic growth.
- 19. A type of money that has value because the government says it does.
- 20. A fixed-income investment that represents a loan made by an investor.
- 21. The process by which banks increase the money supply by lending.
- 24. The total value of all goods and services produced within a country.
- 28. The institution responsible for controlling a nation's money supply.
- 30. Money borrowed that must be repaid with interest.
- 31. Rate The interest rate before adjusting for inflation.
- 33. Money that has intrinsic value, such as gold or silver.
- 36. A system where the value of money is backed by a specific amount of gold.
- 37. A bank deposit that cannot be withdrawn before a certain period.
