Money Vocabulary

2. The use of government spending and tax policies to influence economic conditions
5. The buying and selling of government securities
10. a fungible, negotiable financial instrument that represents some type of financial value
12. Currency that is physically used to conduct transactions
15. The entire stock of currency and other liquid instruments
17. Generally accepted as a medium of exchange
18. Extremely rapid or out of control inflation
20. instances when the inflation rate has reduced marginally over the short term
21. significant decline in economic activity spread across the economy

1. Currency that a government has declared to be legal tender but is not backed by a physical commodity
3. examines the weighted average of prices of a basket of consumer goods
4. designed to mimic the performance of an overall market
6. prices of goods and services offered in the marketplace either changes very slowly or do not change at all
7. Regulatory committee that determine the size and rate of growth of the money supply
8. accepted as a medium of exchange
9. The central bank of the United States
11. The amount charged by the lender to a borrower for the use of assets
13. Any good exchanged during commerce
14. The rate at which the general level of prices for goods and services is rising
16. general decline in prices, often caused by a reduction in the supply of money or credit.
19. Average of current prices