ch 10 -1
Across
- 4. definition of money supply conforming to money’s role as a medium of exchange and store of value; components include M1 plus savings deposits, time deposits, and money market funds
- 5. of the three functions of mone
- 6. of value
- 9. institution by writing a check or using a debit card
- 11. country’s money supply; American dollar, British pound, etc.
- 12. use as an economic good; gunpowder, flour, cor, etc.
- 15. money in the form of gold or silver coins
- 19. an overthrow of government
Down
- 1. of value one of the three functions of money allowing people to preserve value for future use
- 2. of exchange for goods and services; one of the three functions of money
- 3. Reserve notes that eventually replaced all other types of federal currency
- 7. whose funds can be removed from a bank or other
- 8. exchange; components include cocurrency, checks, other demand deposits, traveler’s checks
- 10. definition of money supply conforming to money’s role as medium
- 13. by government decree; has no alternative value or use as a commodity
- 14. Reserve System (Fednet, publicly controlled, central bank of the United States
- 16. deposit accounts (DDAs)
- 17. money
- 18. economy moneyless economy that relies on trade or barter