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5 Written questions

5 Matching questions

  1. store of value
  2. deregulation
  3. moral suasion
  4. Medium of exchange
  5. discount rate
  1. a interest rate changed by federal reserve for loans to member bank
  2. b a characteristic of a medium of exchange that allows it and thus value of wealth to be stored
  3. c anything a seller will accept as a payment for a good or service
  4. d a lifting or lessening of government control or restriction on a company industry or profession
  5. e unofficial pressure that the fed reserves uses to persuade members banks to behave in a certain way

5 Multiple choice questions

  1. money not backed by gold silver or other item of value, but has worth due to government requirement to be a medium of exchange
  2. interest rate for loans that banks charge to their most reliable customer
  3. financial institution that lends money and i/w depositors maintain saving ans checking accounts
  4. daily process of debiting and crediting banks reserve accounts and checking accounts
  5. system in which smaller bank deposit some of their reserve into larger banks and the larger banks deposit some of their reserves into largest bank

5 True/False questions

  1. commodity moneymoney system based on an item that has a value to society

          

  2. easy money policygovernment method designed to reduce the economy money supply

          

  3. monetary policytotal amount of money circulatory at any given time in a nations economy

          

  4. standard of valuea characteristic of a medium of exchange that allows it and thus value of wealth to be stored

          

  5. commercial bankmoney system based on an item that has a value to society

          

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