Chapter#16 Period#2 Alexis Davis, Jacob Nguyen, Angela Selwanis

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Across
  1. 5. something that people acquire for the purpose of payment for goods and services
  2. 8. the exchange of goods and services for other goods and services without the use of money and limits choice
  3. 9. a financial institution that obtains money mainly through deposits from clients
  4. 12. accepts deposits from people and firms, provides loans
  5. 14. durable and portable, uniform and divisible, and limited in supply and accepted for payment
  6. 15. steady growth in stock prices
  7. 16. a standard measure used to get prices and make economic calculations
  8. 17. anything that is widely accepted in exchange for goods and services
  9. 19. non-profit, if you are a member you get an ownership
  10. 20. a broker who buys and sells securities on a stock exchange
Down
  1. 1. has no value of its own, but can be exchanged for something of value
  2. 2. banks must hold onto a fraction of their deposits and may lend out the rest
  3. 3. money held in checking accounts at a bank
  4. 4. has value because the government has ordered that it be accepted in payment of debts
  5. 6. paper money and coins
  6. 7. money that has value apart from its use as money
  7. 10. rapidly declining stock prices
  8. 11. something that can be saved and will hold its value relatively well over time
  9. 13. specifies the percentage banks must hold as reserves
  10. 18. represents ownership of a fraction of a corporation