The Fed chapter 12

what is Capialism

• an econmonic system that leads to profit

• taking of the capital

• ownership of investments.

Capital is all the human-made resources used to produce

• Goods and services

• law o supply and demand

• free market

economic system with private or corporate ownership of and investment in capital goods.

• free enterprise system

• free market

• inflation

what regulates the economic activites with a goal of ensuring fairness in the market?

• federal government

• monarchy government

• democracy government

Federal Reserve is the central bank in the...

• united states

• Africa

• Russia

what does securities and exchange commission over see

• countrys stock market

• job rates

• unemployment rate

what do agences such as Occupational saftey and health administration guarantee for workers?

• fair and safe work places

• extra money

• housing

the ability to control the money supply and the availability of credit int the economy.

• reserve requirements

• Monetary policy

• discount rate

the amount of money that the Fed requires banks to keep in reserve in their vaults or on deposit with one of the federal banks.

• open market operation

• Reserve Requirement

• interest

Largest source of federal revenue

• excise tax

• income tax

• gift tax