It cause interest rates to rise.
It generally takes 2-3 days from the time the check is deposited until the time it clears. This can vary from bank to bank.
tight money policy combats inflation (when to much money is out in circulation the Fed limits the amount of money that is in Circulation known as the tight money policy.)
producer cooperative.
A Trade association.
Each of the 12 Reserve Banks is subject to the supervision of a ninemember board of directors (board). Six of the directors are elected by the member banks of the respective Federal Reserve District (District), and three of the directors are appointed by the Board of Governors. Most Reserve Banks have at least one Branch, and each Branch has its own board of directors. A majority of the directors on a Branch board are appointed by the Reserve Bank, and the remaining Branch directors are appointed by the Board of Governors.
to make sure the banks are obeying laws and regulations
glass ceiling.
The money multiplier formula shows the effects of the Federal Reserve discount rate. It does not show a money supply or low interest rates on creditors over a period of time.
a decrease in the money supply
Check Clearing
FAC (Federal Advisory Councel)
glass ceiling
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.
Private Property
giving aid to the enemies of the United States
Samuel Gompers founded the AFL (American Federation of Labor)