Raising the reserve requirement reduces the amount of _____________ and lowering it pumps more money into the economy.

The Federal Reserve also sets the ______ banks charge to lend money to each other, which again controls the amount of money that circulates.

The Fed buys and sells government debt in the form of treasury bills, or ______.

______ is a general rise in prices that can be caused by a number of things, but one of them is the amount of money that circulates.

__________ refers to the government's ability to raise taxes and spend the money it raises.

One uncontrollable that relates to monetary policy is interest payments on _______.

The two big-ticket mandatory spending items. These are social security and Medicare, and they are paid for with dedicated __________

_______________ provide income and health insurance for elderly people.

By far the largest chunk of government spending goes into_______________.