Financial Sector and Money

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Across
  1. 4. This is the interaction of lenders and borrowers within a regulatory framework
  2. 6. We demand money because we use it for purchasing goods and services
  3. 7. ___________ is where people demand money for emergency expenses
  4. 9. It allows you to buy things immediately and pay for them at a later date
  5. 12. A place where people can save and get loans
  6. 13. Refers to the physical wear and use of money over some time
  7. 14. This refers to the unit in which goods and services are valued
Down
  1. 1. Is a substitute for money in the form of a document
  2. 2. Refers to money being divided into smaller denominations
  3. 3. Consumers use money to purchase goods and services
  4. 5. An informal credit institution
  5. 8. Anything generally accepted as a medium of exchange
  6. 10. The only issuer of notes and coins in a country
  7. 11. This is the total amount of money in circulation in a given economy at a given time.