Economic Policy Crossword Puzzle
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QUESTIONS LIST:
- purchasing : goals of economic policy are to maximize employment, production and _ power
- lower : the government is likely to do this to interest rates during times of recession
- raise : the government is likely to do this to interest rates during times of inflation
- inflation : period of excessively high prices
- discount : _ rate-interest rate banks pay to borrow from the federal reserve
- unemployment : major disadvantage of recession
- recession : period of reduced economic activity, job loss and less money available
- funds : federal _ rate-amount banks charge each other to borrow from their balances in the federal reserve bank
- policy : the federal government sets economic _
- reserve : _ ratio - the proportion of money banks must hold onto to the amount they can lend