BARTER and MONEY

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Across
  1. 3. The exchange of goods and services for other goods and services.
  2. 9. Money is a medium of ________________
  3. 10. Double _______________ of wants: Where two parties each hold an item that the other wants, so they exchange these items directly
  4. 12. Money can be saved. So it __________ value.
Down
  1. 1. A characteristic of money: It must be long-lasting so it can be saved for future use.
  2. 2. Many items which were bartered
  3. 4. Money measures the ________ of goods and services
  4. 5. Anything which is accepted in exchange for goods and service
  5. 6. Money allows buying and selling to be done on ___________; in a way that payment is made at a later date
  6. 7. A characteristic of money: Everyone must agree to its use.
  7. 8. A characteristic of money: It can be broken down into smaller units
  8. 11. A characteristic of money: It must be easy to carry