Ch 10-1 Vocab: Create a Quiz

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Across
  1. 4. an overthrow of government
  2. 6. money that has an alternative use as an economic good; gunpowder, flour, corn, etc.
  3. 8. moneyless economy that relies on trade or barter
  4. 9. one of the three functions of money that allows it to serve as a common denominator to measure value
  5. 11. money or other substance generally accepted as payment for goods and services
  6. 12. paper currency issued by the Fed that eventually replaced all other types of federal currency
  7. 14. components include coins, currency, checks, other demand deposits, traveler’s checks
Down
  1. 1. money by government decree
  2. 2. one of the three functions of money allowing people to preserve value for future use
  3. 3. central bank of the United States
  4. 5. whose funds can be removed from a bank or other financial institution by writing a check or using a debit card
  5. 7. omponents include M1 plus savings deposits, time deposits, and money market funds
  6. 10. tandard unit of currency in a country’s money supply
  7. 13. money in the form of gold or silver coins