Across
- 1. This is the term for any purchase or sale of government debt.
- 6. The profit earned on a loan.
- 7. This measures how much additional growth each dollar will give to the economy. It is associated with the saving and spending multipliers.
- 9. This is an institution that oversees and regulates the banking system in a country. It also controls the monetary base of a given country.
- 11. This is the price that the central bank lends money to commercial banks.
- 12. This is something that holds a relative value over time. Many cryptocurrencies could be excluded from being money under the traditional sense because they do not do this.
- 13. This is anything that holds value, can be easily exchanged, and is widely accepted.
- 15. This is something that is acquired for the primary purpose of buying goods and services. It rarely has an inherent value.
- 16. This is used to set prices and calculate value.
Down
- 2. This is the fraction of reserves a bank holds of its total assets.
- 3. This guarantees, to a certain value, that those who have money in the bank can retrieve that money even if the bank fails.
- 4. The total of bank reserves and money supply.
- 5. The smallest fraction of deposits that a central bank allows a commercial bank to hold.
- 8. This is the total value of all of the money in any given economy.
- 10. This is the currency a bank holds, plus any reserve they may have at a central bank.
- 14. This is the value of money now. It is usually contrasted with future value.