MONEY
Across
- 1. OF DEFERRED PAYMENT Transfer purchasing power from the future to the present
- 2. Enables goods and services to be converted into money and stored as savings for future consumption
- 4. Accepted in exchange for goods and services – accepted not for its intrinsic value but to facilitate exchange
- 5. scale for us to measure the value of different goods and services
- 6. are held because of uncertainty about expenditures of future income
Down
- 1. A bond refer as a documentary evident indicating the amount of loan borrowed by the government and payable to the holder with a fixed interest.
- 3. Refer to demand for money for consumer expenditures and business transactions
- 4. Something that is generally accepted as a medium of exchange for goods and services