Across
- 4. the total monetary or market value of all the finished goods and services produced within a country's borders.
- 6. the exchange of goods and services for goods and services
- 8. a monetary policy that increases the money supply usually by lowering interest rates.
- 10. money raised by the government or money received by a firm doing business
- 12. the interest rate the Federal Reserve Bank charges commercial banks for loans
- 15. the central bank of the United States and provides the nation with a safe, flexible, and stable financial system
- 17. strategy taken by public officials regarding taxing and spending
- 18. – a Federal Reserve practice of purchasing and selling government bonds intended to take money out or put money into the economy quickly
Down
- 1. the interest rate banks charge each other on loans
- 2. money that has value apart from its use as money.
- 3. strategy taken by a central banking system to regulate the supply of money
- 5. the actions that a central bank takes to limit inflation and an overheating economy.
- 7. government-produced money backed by a physical commodity such as precious metals.
- 9. the amount of money banks are required to keep and not lend out
- 11. a physical item, such as bills and coins, use as a medium of exchange
- 13. a tax or duty to be paid on a particular class of imports or exports.
- 14. money that is made legal tender by a government decree without physical backing.
- 16. a payment, cost, or the amount of money spent