Define the following words Unit 6 Vocabulary1. Member Banks2. Balance sheet3. Currency4. Futures5. Excess reserves6. Reserve requirement7. Monetary Policy8. Bank holding companies9. Prime rate10. Fractional Reserve system11. Legal Reserves12. MonetarismOpen with13. Quantity theory of money14. Wage-price controlsPage11115. Member Banks Reserves16. Open Market operations17. Discount rate18. Moral Suasion19. Selective Credit Controls20. Margin requirements21. Maturity22. Marginal Tax Rate23. Barter Economy

1. A member bank refers to a commercial bank that is a member of the Federal Reserve System in the…

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Economics

1. Member Banks 2. Balance sheet 3. Currency 4. Futures

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Define the following words

Unit 6 Vocabulary
1. Member Banks
2. Balance sheet
3. Currency
4. Futures
5. Excess reserves
6. Reserve requirement
7. Monetary Policy
8. Bank holding companies
9. Prime rate
10. Fractional Reserve system
11. Legal Reserves
12. Monetarism
Open with
13. Quantity theory of money
14. Wage-price controls
Page
1
1
1
15. Member Banks Reserves
16. Open Market operations
17. Discount rate
18. Moral Suasion
19. Selective Credit Controls
20. Margin requirements
21. Maturity
22. Marginal Tax Rate
23. Barter Economy

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