Before the Federal Reserve
What is a depression lol (joke question free points)
Shorter and less severe.
What is recession
Federal banks location.
What is Washington D.C. ?
Interest rates
What is reserve ?
Amount of options to reduce supply.
What is three ?
Was common almost every 20 to 30 years.
What is recession ?
What is depression ?
Another name for the Federal Reserve System.
What is the Fed ?
What is the banks bank ?
___ interest rates = ___ money supply (High)
What is high and low ?
When ___ becomes a problem.
What is inflation ?
Recessions were common this often.
What is every 20 or 30 years ?
A period of temporary economic decline.
What is both ?
What is 12 ?
___ interest rates = ___ money supply (Low)
What is low and high
First option.
What is sell treasury bonds?
Regulations on banks
What is none ?
Trade and industrial activity are reduced.
What is both?
Was established by the U.S. government in 1913.
What is the Federal Reserve System ?
Banks are borrowing __ to loan out to people THUS people go out and spend that ___. (low)
What is money.
Second option.
What is increase the reserve requirement ?
Banks operated on different types of ____ .
What is currency ?
Declining GDP quarter to quarter.
What is both ?
The fed tries to maintain the interest rates for banks to keep people ___/____ without causing ____/____
What is borrowing/spending and inflation/recessions ?
What are interest rates, borrowing, and spending ?
Third option.
What is increase "discount rate ? "