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Money, Banking, And Monetary Policy

Teacher: Velarde
Across
Coins and paper bills
Serves as medium of exchange
Objects that have value in themselves and that are used as money
Direct exchange of goods and services
Severe economic decline that began in 1929 and lasted a decade
Failure to pay back a loan
Price paid for the use of borrowed money
Paper currency issued during the civil war
Down
Money in checking account
Bank that belongs to the federal reserve system
Specific type of loan that is used to buy real estate
Objects that have value because the holder can exchange them for something else of value
The actions the federal reserve takes to influence the level of the real GDP and the rate of inflation in the economy
Money that has value because the government says so
The amount of money borrowed
Bank chartered or licensed by the national government
Abiltiy to turn into cash
All the money available
Government agency that insures customer deposits of a bank fails
Bank that can lend to other banks in times of need
Institution for receiving, keeping, and lending money