Chapter 21: The Government and Banking

What is the name of the United States Central Bank?

• US Bank

• Federal Reserve
• Bank of America
• Wells Fargo

To trade a good or service for another good or service.

• Exchange
• Barter
• Sell
• Donate

Metallic form of money.

• Plastic
• Coin
• Digital
• Paper

Money, both in coin and paper bills,

• Exchange Rate

• Cash

• Dollar

• Currency

A financial institution that offers full financial services to individuals and services.

• Dollar Store

• Credit Union

• Federal Reserve

• Bank

A nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services to members.

• Credit union
• Bank
• Stock Exchange

• Federal Reserve

What New Deal program offered deposit insurance to American banks?

• IRS

• SSA

• NRA

• FDIC

Select all of the characteristics of money for it to be accepted.

• Durable

• Portable

• Divisible

• Colorful

• Limited Supply

The first function of money...Money serves as a medium of ________?

Second of the three main functions of money...Money is a store of _____.