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3 Written questions

3 Multiple choice questions

  1. A slowdown in economic activity and production
  2. A system of banking whereby banks keep a percentage of checking and saving deposits in reserve, leaving the rest available for loans and investments
  3. The total amount of money available for use as a medium of exchange

3 True/False questions

  1. LoanThe coins and paper bills used as money in an economy


  2. Demand DepositA slowdown in economic activity and production


  3. Federal Reserve SystemThe central bank of the US, which provides services to banks, regulates their activities, and controls the nation's monetary policy