Column A
1. full employment
2. open-market
operations
3. inflationary cycle
4. reserve ratio
5. fiscal policy
6. discount rate
7. economic efficiency
8. stable prices
9. monetary policy
10. built-in stabilizers
Column B
a. little or no change in the purchasing power
of the dollar
b. maximum output with a minimum of
total costs
c. the government's use of its powers to tax
and spend in order to regulate the economy
d. a situation occurring when nearly everyone
looking for work is able to find a job
e. economic forces that act automatically to
keep spending in balance
f. the purchase and sale of government securi-
ties by the Federal Reserve System
g. the Federal Reserve's use of its power to
regulate the supply of money and credit
h. the percent of a bank's deposits that may
not be loaned
i.
j.
a period of continually rising prices
the interest charged banks by the Federal
Reserve System
