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UNIT 4

Across
Money is a way to store value from the time people recieve it until the time when they spend it.
The monetary is ____ than the money supply.
Spending on new physical capital.
Value of money is determined by
It includes savings accounts, which can be easily converted to M1
Actual cash in the hands of public.
Claim on a tangible object, such as a house or price of equipment, in which the owner can dispose of it anytime they want.
This is a characteristic of money that could get change back for a product.
Is an asset can be quickly converted into cash without much loss of value.
How many members does the Board of Governors have?
Down
The term that refers to buying and selling United States treasury securities.
A lending agreement between an individual lender and an individual borrow.
Assets created by pooling individual loans and selling shares in that pool.
Funds from savings that are available for investment spending.
. Risk that the bond issuer might fail to make payments as specified on the bond contract
The sum of the currency in circulation and bank reserves.
Why do you think credit cards are not counted in M1?
The price calculated as a percentage infrastructure of the amount borrowed, charged by lenders to borrowers for the use of their savings for a set time period.
When the FED sells treasury bills it does what to the money supply?
An IOU issued by the borrower and the seller of the bond who promise to repay the principle of the bond and interest each year on the bond value.