Ch 2 money And The Monetary System Flashcards
1
Q
An excess supply of money in the market results in monetary
A
Inflation
2
Q
Which agency insurance deposits, in banks in thrift institutions for up to $250,000?
A
The federal deposit insurance corporation (FDIC)
3
Q
The _____ is the interest rate, a reserve bank charges, eligible financial institutions to borrow funds on a short-term basis
A
Discount rate