giving up the chance to earn money through interest (by holding cash)
What is opportunity cost (of holding cash)
Nominal - Inflation
aggregate that includes total amount of currency in circulation or on reserve by commercial banks
What is the monetary base
The United States' Central bank
What is the Federal Reserve
Reserves, Excess Reserves, and Loans are on this side of the bank balance sheet
What are assets to banks (on a bank balance sheet)
the Y axis in the money market
What is the nominal interest rate
What is expansionary monetary policy?
In Avatar: The Last Airbender, Aang travels across the world riding this giant, six-legged flying sky bison.
Who is Appa?
The measure of how fast an asset can be turned into cash
What is liquidity?
Directed by Greta Gerwig, this 2023 blockbuster became a global phenomenon while draped head-to-toe in neon pink.
What is Barbie?
This type of money has no other main use except for being used as money.
What is fiat money?
Minimum amount of cash that a bank MUST hold
what are reserve requirements /what is the required reserve rate
First introduced in 1986, this blue-packaged Doritos flavor remains one of the brand's most popular products.
What is Cool Ranch?
Regina George and the Plastics rule the hallways of North Shore High School in this comedy movie.
What is Mean Girls?
Named after a basic table seasoning, this term describes someone who is overly bitter or annoyed after losing a game (like Gillespardy)
What is Salty?
The vertical axis label that lets you know this is the loanable funds graph.
In 2023, this purple McDonald's mascot sparked a viral horror-style TikTok trend after users drank his anniversary shake.
Grimace
The expected real inflation rate when banks charge 5% interest on all loans and the expected inflation rate is 2%?
What is 3%?
Aggregate that includes money in circulation, demand deposits, savings accounts, small denomination time deposits and retail money market funds
What is M2
buying or selling government debt (though bonds)
what are open market operations
1/2 BANKRUPT!!!! You lose half of your money. 
Sorry.
These are the three tools of monetary policy in a limited reserves system.
What are the discount rate, the required reserves ratio, and open market operations?
In Spider-Man: Into the Spider-Verse, Miles Morales attends this private Brooklyn boarding school.
What is Visiona Academy?
When the government is running a deficit and drives up interest rates. This leads to reduced investment spending.
What is Crowding Out?
This streamer won Streamer of the Year multiple times and broke Twitch records with his 30-day subathon featuring guest appearances from celebrities like Kevin Hart.
Who is Kai Cenat?
This sci-fi epic features giant sandworms on the desert planet Arrakis and stars Timothée Chalamet as Paul Atreides.
What is Dune?
If you move $500 from your checking account to purchase a CD, _______ is unchanged while _______ decreases.
(What is/are) M2 and M1 respectively
This former president is on the 100,000 dollar bill.
Who is Woodrow Wilson
East High School in Albuquerque, New Mexico, serves as the setting for this iconic Disney Channel franchise.
What is High School Musical?
This joke medical diagnosis describes the dramatic drop in academic effort common among graduating seniors.
What is Senioritis?
The tools of monetary policy in an ample reserves system are the discount rate and the interest on reserves. Together, they are called this name
What is administered interest rates?
Known for its guilt-tripping passive-aggressive push notifications, this language-learning app features a persistent green owl mascot.
What is Duolingo?
The relationship between interest rates and bond values
What is an inverse relationship
The new nominal interest rate when Vern has a fixed interest CD with a nominal interest rate of 7% with no expected inflation. If inflation is now expected to be 3%
What is 7%
This Canadian artist sang hits like "Blinding Lights" and performed the 2021 Super Bowl Halftime Show in an all-red blazer.
Who is The Weeknd?
To travel to the Nether in Minecraft, you must build a frame out of this durable dark block and light it on fire.
What is Obsidian?
1/rr
What is the money multiplier formula
GROUP QUESTION FOR ALL GROUPS - Your whole group can work on the answer. Bring me the answer on your board when finished.
For Contractionary Monetary Policy Limited reserves- Walk through all the connections ending with unemployment.
The Expansionary monetary policy that occurs in an ample reserves system.
What is a decrease in administered interest rates/ policy rate?
The Krusty Krab's arch-nemesis Plankton operates this struggling restaurant directly across the street.
What is the Chum Bucket?