Econ CH 10

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Across
  1. 1. Insures deposits
  2. 3. Money preserves purchasing power as a ____ of value.
  3. 5. National _____ System. Early system creating national banks
  4. 10. Includes M1 plus savings
  5. 11. Money must be easily broken into smaller parts, meaning it is ____
  6. 12. Includes coins, currency, DDA
  7. 13. Gold and silver coins
  8. 14. Panic withdrawals are called a _____
  9. 16. Dollar backed by gold
  10. 17. Government-declared money
  11. 18. Money must last over time, meaning it is ____
  12. 19. Banks earn profit from the ____ spread.
Down
  1. 2. Barter requires a double ______ of wants
  2. 4. Money used to buy goods acts as a medium of ____
  3. 6. Money must be scarce, meaning it has a ___ supply.
  4. 7. _____ Reserve. Central bank
  5. 8. _____ Money. Money with intrinsic value
  6. 9. Money allows price comparison as a _____ of value.
  7. 15. Money must be easy to carry, meaning it is ___
  8. 17. _____ Reserve System. Keeps percentage of deposits