The Evolution, Functions, and Characteristics of Money

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Across
  1. 2. Money by government decree; has no alternative value or use as a commodity.
  2. 3. One of the three functions of money that allows people to preserve value for future use.
  3. 5. An overthrow of government.
  4. 6. Monyless economy that relies on trade or barter.
  5. 7. Broad definition of money supply conforming to money's role as a medium of exchange and store of value; components include M1 plus saving deposits, time deposits, and money market funds.
  6. 8. Money in the form of gold or silver coins.
  7. 9. Account whose funds can be removed from a bank or other financial institution by writing a check or using a debit card.
  8. 11. Paper currency issued by the Fed that eventually replaced all other types of federal currency.
  9. 12. Standard unit of currency in a country's money supply.
  10. 13. Narrow definition of money supply conforming to money's role as medium of exchange; components include coins, currency, checks, other demand deposits, traveler's checks.
Down
  1. 1. Money that has an alternative use as an economic good.
  2. 4. Privately owned, publicly controlled, central bank of the United States.
  3. 7. Money or other substance generally accepted as payment for goods and services; one of the three functions of money.
  4. 10. One of the three functions of money that allows it to serve as a common denominator to ensure value.