Ch 10-1 Vocab: Create a Quiz
Across
- 4. an overthrow of government
- 6. money that has an alternative use as an economic good; gunpowder, flour, corn, etc.
- 8. moneyless economy that relies on trade or barter
- 9. one of the three functions of money that allows it to serve as a common denominator to measure value
- 11. money or other substance generally accepted as payment for goods and services
- 12. paper currency issued by the Fed that eventually replaced all other types of federal currency
- 14. components include coins, currency, checks, other demand deposits, traveler’s checks
Down
- 1. money by government decree
- 2. one of the three functions of money allowing people to preserve value for future use
- 3. central bank of the United States
- 5. whose funds can be removed from a bank or other financial institution by writing a check or using a debit card
- 7. omponents include M1 plus savings deposits, time deposits, and money market funds
- 10. tandard unit of currency in a country’s money supply
- 13. money in the form of gold or silver coins