Banking bingo

Exercise and reference answers

Clues and terms

1. Clue

   Runs monetary policy.

   Item

   Central bank

2. Clue

   Held at the Fed.

   Item

   Reserves

3. Clue

   Depositors all rush.

   Item

   Bank run

4. Clue

   Savers kept whole.

   Item

   Deposit ins

5. Clue

   Emergency lender.

   Item

   Last resort

6. Clue

   Trades in bonds.

   Item

   Open market

7. Clue

   Decides those trades.

   Item

   FOMC

8. Clue

   Rates come down.

   Item

   Expansionary

9. Clue

   Rates go up.

   Item

   Contraction

Instructions

Read each clue and tap the term it describes.

Explanation