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DSST Money Banking And Interest Rates
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DSST Money Banking And Interest Rates
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25 Questions

1. The total value of all the money in the country at a given point in time

2. Any commodity or token that is generally accepted as payment of goods and services

3. The rate the central bank wants the overnight rate to be

4. Interest rate that shows the growth of what your money can buy

5. Small percentage of deposits commercial banks are required to hold either in their vaults or as a deposit at the central bank

6. Constant percentage paid on a loan

7. A medium of exchange; a unit of account; store of value

8. Variable percentage paid on a loan - depending on market conditions

9. A ripple effect in which a change in spending by one person or business leads to additional changes in spending by another person or business

10. Mechanism central bank uses that allows its target rate to affect inflation

11. Financial resources such as stocks - bonds - real estate and other property that have value but need to be converted into money to be used for that value

12. Percentage of the size of a loan per unit of time - typically per year

13. Interest rate that shows the growth of your money not corrected for inflation

14. Amount of money that a lender pays when a bond is issued

15. Paper and coins that can be used as money outside of a commercial bank

16. Rates for loans over a single night - the shortest of all interest rates

17. The policy directed at controlling money supply and the interest rates

18. A public authority responsible for monetary policy of a country or group of countries

19. Graph of interest rates of different maturity (recalculated to yearly rates) at a particular point in time

20. Obligation by commercial banks to hold a small percentage of deposits in their vaults or as a deposit at the central bank

21. The date when the face amount of a loan becomes due

22. Regular payments paid on a loan at regular intervals

23. The price paid for the use of borrowed money

24. Debt issued by the federal government or by a state or local government; how the government borrows money

25. Flow of currency units over a period of time