civics chapter 24 Matching
| federal reserve system known as Fed |
| an account in which cutomers receive interest based onhow much money they have deposited |
| the rate the fed charges member banks for loans |
| purchase or sale of U.S. government bonds adn treasury bills |
| savings & loan association |
| financial institutions that traditionally loaned money to people buying homes |
| an account in which deposited money can be withdrawn at any time by writing a check |
| federal open market committee (FOMC) |
| makes the decisions that affect the economy as a whole by manipulating, or controlling, the money supply. |
| timed deposit that states the amount of the deposit, maturity, and rate of interest being paid |
| financial institutions that offer full banking services to individuals and businesses |
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