Across
- 6. Money is also known as...
- 7. A plastic card that allows the holder to make credit purchases up to an authorized amount
- 8. A security that pays interest over terms ranging from two to ten years
- 9. Banks that are part of The Fed are known as...
- 10. A security that pays interest over terms of ten to thirty years
- 11. To exchange one good or service for another good or service
- 12. A bank-issued card that allows customers to pay for purchases directly from their checking account
- 16. A type of financial investment issued by a corporation, government, or other organization
- 17. Money received today is worth more than the same amount received in the future because money received today can be invested or deposited in the bank for interest; this concept is called...
- 19. Money is a common measure of the worth or price of a good or service
- 20. Action taken to manage the supply of money and interest rates in an economy
Down
- 1. A type of a document guaranteeing the payment of a specific amount of money
- 2. The process of transferring money from one individual or organization to another
- 3. A security that matures in a year or less
- 4. Money can be saved and used at a later date
- 5. The mechanism a nation uses to provide and manager money for itself
- 13. The Federal Reserve System, often called... was created by the U.S. Congress in 1913 as our nation's central bank
- 14. Money is used in exchange for goods and services needed by individuals, businesses, and governments
- 15. A transfer of money from one bank account to another
- 18. Anything of value that is accepted in return for goods and services