Chapter 10-1 Econ
Across
- 4. money in the form of gold or silver coins
- 5. an overthrow of government
- 8. paper currency issued by the Fed that eventually replaced all other types of federal currency
- 10. standard unit of currency in a country’s money supply
- 11. account whose funds can be removed from a bank or other financial institution by writing a check or using a debit card
- 13. broad definition of money supply conforming to money’s role as a medium of exchange and store of value
Down
- 1. money that has an alternative use as an economic good
- 2. one of the three functions of money allowing people to preserve value for future use
- 3. money or other substance generally accepted as payment for goods and services
- 6. privately owned, publicly controlled, central bank of the United States
- 7. one of the three functions of money that allows it to serve as a common denominator to measure value
- 9. money by government decree
- 12. narrow definition of money supply conforming to money’s role as medium of exchange