Chapter 10-3 Economics Vocabulary
Across
- 2. the direct exchange of one set of goods or services for another
- 4. national currency we use today in U.S
- 5. is a measure of the U.S. money stock that includes M1 (currency and coins held by the non-bank public, checkable deposits, and travelers' checks) plus savings deposits (including money market deposit accounts), small time deposits under $100,000, and shares in retail money market mutual funds.
- 7. money that has value because government has ordered that it is an acceptable means to pay debts
- 10. a standard unit of value of a country's coinage.
- 12. money in checking accounts
- 13. money in the form of coins rather than notes
Down
- 1. something that keeps its value if its stored rather than used
- 3. objects that have value in themselves as well as for use as money
- 5. anything that is issued to determine value during exchange of goods and services
- 6. nation's central banking system
- 8. the money supply that is composed of currency, demand deposits, other liquid deposits which includes savings deposits
- 9. the function of money that enables the values of different goods and services to be compared
- 11. a forcible overthrow of a government or social order, in favor of a new system