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☆☆☆☆☆A trade-off is an alternative that we sacrifice when we make a decision.
a sale of bonds to decrease the money supply, increasing interest rates, these are recessionary measures used to slow down the economy.
the government restricts the amount of money that banks can lend.
immediate demand for a good will go up if it's price is expected to rise.
this is how population changes affect demand for certain goods.
agreement on the price and quantity traded
to make sure the banks are obeying laws and regulations
Safety Net!
Customs and traditions.
A person wants an endless supply of everything but cannot have it.
hard work and patience
The federal funds rate is the interest rate banks charge on loans in the federal funds market. The federal funds rate is not set administratively by the Fed. Instead, the rate is determined by the supply of reserves relative to the demand for them.
They can earn interest on the cash if it is invested.
For regulating the nations money supply
The money multiplier formula is the amount of new money that will be created with each demand deposit, calculated as 1 ÷ RRR.
It is not safe to drink or eat chemicals.
