Key Terms

What is a Bank?

• Intermediaries between depositors and borrowers

• A public bathroom

• A place to store money

• Free transportation

What is Currency

• Fluent handwriting

• Flowing water

• A system of Money

• A dead tree branch

What is a Banking System?

• Money Thieves

• A network of institutions that provide financial services

• All the parts in an ATM

• Free transportation

What is the Federal Reserve Bank?

• A Zoo

• A dogs sleeping quarters

• A Burger Joint

• None of the Above

What are Economics

• The Branch of knowledge

• Scarcity

• Growth of well fare

• All of the above

What does IIntermediary mean?

• None of the Above

• A link between two things

• Seperation

• Dissapearing

Payment System

• The system used to settle financial transactions

• A way of robbing people

• How people use money

• None of the above

What is Finance?

• Housing several aspects of money

• The management of large amounts of money

• Broke people getting jobs

• None of the above

Policy

• Free stuff

• Being nice to people

• A course of action adopted by the government

• The way things run

Credit Union

• A non profit financial institution

• Makes a profit of customers and investors

• People who get extra credit

• A book club