Money and Banking

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Across
  1. 3. a system in which goods are used as a medium of exchange
  2. 5. A person who places money in an account in a bank for safety and earnings
  3. 7. Any medium of exchange that is widely accepted in payment for goods & services
  4. 8. Money can be divided into smaller units
  5. 9. A means of payment whose purchasing power greatly exceeds its cost of production or value in uses
  6. 10. Widely recognized in the same way
Down
  1. 1. the portion of M2, M3 and L that exceeds M1
  2. 2. A useful good that serves as a medium of exchange
  3. 4. Value of money must be retained over time
  4. 6. Easy to bring along