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Chap. 24

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Coin   show
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Currency   show
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Commercial Bank   show
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Savings and Loan Association (S and L)   show
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show Nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services  
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show An institution that lends money to other banks; also, the place where the government does its banking business  
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show The most powerful committee of the Fed, because it makes the decisions that affect the economy as a whole by manipulation the money supply  
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show Policy that involves changing the rate of growth of the money supply in circulation in order to affect the cost and availability of credit  
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show The interest rate the Fed charges on its loans  
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Reserve   show
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Open Market Operations   show
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Checking Account   show
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show An account in which customers receive interest based on how much money they have deposited  
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Certificate of Deposit (CD)   show
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Created by: abdieldeleon
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