Monetary Policy

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Across
  1. 2. Early form of money made from shells
  2. 4. BSP promotes responsible -------
  3. 8. Financial institution offering microloans
  4. 12. A strong BSP is essential for a healthy -----
  5. 15. The Philippines' national currency
  6. 17. UNION Non-profit financial institution offering basic services
  7. 18. Term for a significant decline in the value of a currency
  8. 20. MARKET OPERATIONS central bank tool for buying and selling bonds
  9. 21. quality of money representing a consistent value compared to goods
  10. 24. An increase in the general price level
  11. 27. RATE Interest rate charged by the central bank to banks
  12. 28. BSP works to prevent financial ------
  13. 32. money in electronic form
  14. 33. oldest medium of exchange
  15. 36. Decrease in economic activity
  16. 38. quality of good money easily divided into smaller units
  17. 40. BANK Government-owned bank promoting development projects
Down
  1. 1. GROWTH BSP promotes a stable financial system for ----
  2. 3. kind of money based on the belief in its intrinsic value
  3. 5. BSP Governor is appointed by the ------
  4. 6. ability of good money to be similar to each other
  5. 7. Philippines' main source of government revenue
  6. 9. Impracticality of carrying bulky goods
  7. 10. BANK institution that sets monetary policy for a group of countries
  8. 11. quality of money trusted by users to hold value
  9. 13. accounts allow you to earn interest on your deposits
  10. 14. quality of good money’s resistance to counterfeiting
  11. 16. Coins minted by a government
  12. 19. CARD Plastic form of money used for transactions
  13. 22. Government program targeting the poorest Filipinos
  14. 23. Precious metal used in ancient coins
  15. 25. POLICY Government spending to stimulate the economy
  16. 26. Banks can provide services like buying stocks or bonds
  17. 29. ability of money maintaining a stable value over time
  18. 30. Difficulties in storing perishable goods
  19. 31. BSP's decisions affect interest
  20. 33. Formal sector lending institutions
  21. 34. Central bank action to increase the money supply
  22. 35. REQUIREMENTS Central bank tool that sets reserve requirements for banks
  23. 37. type of money declared as legal tender
  24. 39. central bank of the Philippines