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11 Cards in this Set
- Front
- Back
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discount rate
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interest rate charged to banks by the Federal Reserve
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stagflation
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combination of a stagnate economy and high inflation
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member bank
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national or state bank that is part of the Federal Reserve System
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CAMELS
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Six Criteria of safety and soundness used to evaluate banks
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bank run
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Circumstance when many depositors withdraw money at once
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currency
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All media of exchange circulating in a country
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Federal Deposit Insurance Corporation
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Agency that guarantee bank deposits
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Great Depression
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Worst economic crisis in U.S. History
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District Reserve Bank
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Regional bank of Federal Reserve System
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margin
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for a fraction of the price
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inflation
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a collective rise in the supply of money
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