Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

ch. 24

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Term
Definition
coin   metallic form of money such as pennies, nickels, and dimes  
🗑
currency   both coins and paper money  
🗑
commercial bank   a financial institution that offers full banking services to individuals and businesses  
🗑
saving and loan association   financial institution that traditionally loaned money to people buying homes  
🗑
credit union   nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services  
🗑
central bank   an institution that lends money to other banks; also, the place where the government does its banking business  
🗑
federal open market committee   the most powerful committee of the Fed, because it makes the decisions that affect the economy as a whole by manipulating the money supply  
🗑
monetary policy   policy that involves changing the rate of growth of the money supply in circulation in order to affect the cost and availability of credit  
🗑
discount rate   the interest rate the Fed charges on its loans  
🗑
reserve   a certain percentage of deposits that banks have to set aside as cash in their own vaults or as deposits in their Federal Reserve district bank  
🗑
open market operations   purchase or sale of U.S. government bonds and Treasury bills  
🗑
checking account   an account in which each branch of government is able to check, or restrain, the power of the others  
🗑
saving accounts   an account in which costumers receive interest based on how much money they have deposited  
🗑
certificate of deposit   limited deposit that states the amount of the deposit, maturity, and rate of interest being paid.  
🗑


   

Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
 
To hide a column, click on the column name.
 
To hide the entire table, click on the "Hide All" button.
 
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
 
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.

 
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how
Created by: roryhanner
Popular History sets