Econ CH. 10

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Across
  1. 3. the collection of organizations that assist households in channeling their money to business and the government
  2. 4. currency material must have this to last a long time
  3. 5. money by governmental decree
  4. 6. authorization to exist
  5. 8. a general rise in prices
  6. 10. broader measure of money supply
  7. 12. money that represents a commodity that some entity holds in store
  8. 13. a financial institution that accepts deposits and makes commercial loans
  9. 17. Spokesman for the Monetarist Approach
Down
  1. 1. encourage personal saving and provide loans to make personal needs
  2. 2. cooperative institutions originating from groups of people who have common interests
  3. 3. a coin that contains an amount of gold or silver equal to its face value
  4. 7. coin that contains a quantity of metal less than its face value
  5. 9. no national banking system and individuals could start private banks simply by meeting certain minimal requirements to obtain a charter from the state
  6. 10. what a society uses and accepts as payment
  7. 11. the exchange of one person's goods or services for another
  8. 14. first measure of the money supply
  9. 15. declaring that everyone in the American economy accepts your money
  10. 16. system where some single commonly used good becomes the economy's medium exchange