Across
- 2. The discount rate is the interest rate the Fed charges on loans to:
- 5. Something of value used to secure a loan
- 6. A mutual fund allows investments to be
- 8. The exchange of goods and services without using money is known as
- 13. The cost of borrowed money, usually expressed as a percentage
- 14. When the government spends more money than they take in each year is called a
- 15. A budget surplus exists when the government does what
- 16. In the money supply, what represents the cash held by the public and money deposited in checking accounts?
Down
- 1. Amount of money originally borrowed
- 3. This is a paper component of the money supply, today consisting of Federal Reserve notes
- 4. The double coincidence of wants problem can be solved by
- 6. Because mutual funds spread your investment around in multiple stocks and bonds, they are a great example of this term
- 7. The availability of money; how quickly you can convert it into cash in your hand is its
- 9. An economic system in which the means of production and distribution are privately or corporately owned and developed
- 10. what is the source of the supply of loanable funds?
- 11. Money owed to a person or a business
- 12. The central bank in the USA that regulates the monetary system
- 17. The Federal Reserve act was signed in