Money, Banking, and the Federal Reserve

Front

"The Fed" refers to the....

Back

Federal Reserve

Front

The Federal Reserve

Back

is made up of 12 district banks.

Front

Fee charged to borrow money

Back

Interest

Front

Influencing the economy by changing the reserve requirement or the Discount Rate is called:

Back

Monetary policy

Front

What does Inflation do to the value of money?

Back

Makes it go down.

Front

Does increasing the money supply cause inflation or deflation?

Back

Inflation

Front

The American Dollar bill is an example of

Back

Fiat Currency

Front

The 2008 Financial Crisis was caused by: Banks giving out subprime loans, Men and women playing hard and fast with the rules, The Illuminati

Back

Banks giving out subprime loans

Front

Will you pay back the loan?

Back

Will you pay back the loan?

Front

Capacity: Can you pay back the loan?

Back

Ability to repay the loan.