Download Great Depression Terms Puzzle - Federal Reserve Bank of St. Louis

Great Depression Terms Puzzle
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2. A tool the Federal Reserve uses to implement
monetary policy which involves the selling or buying
of Treasury securities on the open market. (3
words) [OPENMARKETOPERATIONS]
1. The percentage of the labor force that is willing
and able to work, does not currently have a job and
is actively looking for employment. (2 words)
[UNEMPLOYMENTRATE]
4. When government expenditures exceed
revenues. (2 words) [BUDGETDEFICIT]
6. The quantity of money available in an economy.
The basic money supply in the United States
consists of currency, coins and checking account
(i.e., demand) deposits. (2 words)
[MONEYSUPPLY]
3. The absence of inflation and the absence of
deflation. (2 words) [PRICESTABILITY]
4. The sum of cash that banks hold in their vaults
and the deposits they maintain with Federal
Reserve banks. (2 words) [BANKRESERVES]
11. The relationship between how consumers feel
about the economy and their spending and saving
decisions. (2 words) [CONSUMERCONFIDENCE]
12. When a bank’s liabilities (mainly deposits)
exceed the value of its assets. (2 words)
[BANKFAILURE]
13. A tax on imported goods. [TARIFF]
5. When a bank run begins at one bank and
spreads to others, causing people to lose
confidence in banks. (2 words) [BANKPANIC]
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14. A general, sustained upward movement of
prices for goods and services in an economy.
[INFLATION]
7. A very severe recession; a period of severely
declining economic activity spread across the
economy (not limited to particular sectors or
regions) normally visible in a decline in real GDP,
real income, employment, industrial production,
wholesale-retail credit and the loss of overall
confidence in the economy. [DEPRESSION]
15. Earnings received as interest, rent, profit and
wages or salaries. [INCOME]
8. A list or collection of financial assets that an
individual or company holds. [PORTFOLIO]
9. A general downward movement of prices for
goods and services in an economy. [DEFLATION]
10. The quality that makes an asset easily
convertible into cash with relatively little loss of
value in the conversion process. [LIQUIDITY]