10-1 Vocab

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Across
  1. 4. of exchange money or other substance generally accepted as payment for goods and services
  2. 5. broad definition of money supply conforming to money’s role as a medium of exchange and store of value
  3. 7. Reserve System (Fed) privately owned, publicly controlled, central bank
  4. 8. economy moneyless economy
  5. 10. unit standard unit of currency in a country’s money supply
  6. 11. of value one of the three functions of money allowing people to preserve value
Down
  1. 1. deposit accounts (DDAs) account whose funds can be removed from a bank
  2. 2. money money that has an alternative use as an economic good
  3. 3. an overthrow of government
  4. 4. narrow definition of money supply conforming to money’s role as medium of exchange
  5. 6. Reserve notes paper currency issued by the Fed
  6. 7. money money by government decree
  7. 9. of value one of the three functions of money that allows it to serve as a common denominator
  8. 11. money in the form of gold or silver coins