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16-1 vocabulary jw

QuestionAnswer
A nation's main monetary authority. Central Bank
A term that means "relating to money." Monetary
The central bank for the United States. Federal Reserve System
Coins and paper money Currency
Supervises the operations of the Fed. Board of Govenors
Supervises the sales and purchase of government securities. Federal Open Market Committee (FOMC)
A financial institution that serves savers. Thrift institution
Created by: joannw15
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