Show:
Definitions
Federal Reserve
Money Flow/Rates
Banks
Miscellaneous
100
Action the Feds take to influence the level of real GDP and the rate of inflation in the economy
What is Monetary policy?
100
The central bank of the U.S and the most powerful financial institution in the world
What is The Federal Reserve?
100
The minimum interest rate set by the Federal Reserve for lending to other banks?
What is Discount Rate?
100
Having to keep enough cash in the bank for transactions
What are the Margin requirements?
100
12
What is number of Federal Reserve Districts?
200
Oversees the Federal Reserve system
What is The Board of Governors?
200
To monitor and report on economic conditions
What is the Federal Reserve's job?
200
The movement of a check from the bank in which was deposited to the bank it was drawn
What is Check Clearing
200
The proportion of a loan that is charged as interest to the borrower
What is interest rate?
300
Transactions by people and business/organizations that are not connected to the government
What are Private sectors?
300
Federal Reserve District 12
What is Arizona?
300
A banking system in which only a fraction of bank depots are backed by actual cash
What is What is Fractional Reserve?
300
A situation in financial planning in the budgeting process where the total revenues are equal to or greater than total expenses
What is Balance Budget?
400
Involve government transactions/owned by the government
What is Public sectors?
400
The branch of the Federal Reserve that determines the direction of monetary policy
What is F.O.M.C
400
What is the state sales tax in Arizona?
5.6%
400
Sets the minimum faction of customer deposits and notes that each commercial bank must hold as reserves
What is Reserve Requirements?
400
What does F.O.M.C stand for?
Federal Open Market Committee?
500
The amount by which a resource falls short of a mark
What is Deficit?
500
Janet Yellen
Who is the Federal Reserve chair person?
500
1 Increases the money supply by lowering interest rates V.S 2 Constricting spending in the economy to curb inflation when its rising too fast
What is Easy money v.s Tight money
500
Mandatory and Discretionary
What is the two types of government spending