Money and Banking
Across
- 2. narrow definition of money supply conforming to money's role as medium of exchange
- 5. standard unit of currency in a country's money supply
- 6. money by government decree
- 9. money or other substance generally accepted as payment for goods and services
- 10. one of the three functions of money that allows it to serve as a common denominator to measure value
- 11. account whose funds can be removed from a bank or other financial institution by writing a check or using a debit card
- 13. one of the three functions of money allowing people to preserve value for future use
- 14. moneyless economy that relies on the trade of barter
Down
- 1. money that has an alternative use as an economic good
- 3. privately owned, publicly controlled, central bank of the United States
- 4. paper currency issued by the Fed that was eventually replaced by all other typed of federal currency
- 7. broad definition of money supply conforming to money's role as a medium of exchange and store of value
- 8. an overthrow of the government
- 12. money in the form of gold or silver coins