chapter 24 Matching
| metallic form of money such as pennies nickels and dimes |
| an account in which consumers receive interest based on how much money they have deposited |
| timed deposit that states the amount of the deposit maturity and the rate of interest being paid |
| both coins and paper money |
| nonprofit service cooperative that accepts deposits makes loans and provides other financial services |
| the interest rate the fed charges on loans |
| savings and loan association |
| financial institution that traditionally loaned money to people buying homes |
| an account in which deposited money can be withdrawn at any time by writing a check |
| policy that involves changing the rate of growth of the money supply in circulation in order to affect the cost and availability of credit |
| federal open market committee FOMC |
| the most powerful committee of the fed because it makes the decisions that affect the economy as a whole by manipulating the money supply |
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