Chapter 10 Lesson 1

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Across
  1. 2. money in the form of gold or silver coins
  2. 5. narrow definition of money supply conforming to money’s role as medium of exchange
  3. 6. moneyless economy that relies on trade or barter
  4. 11. account whose funds can be removed from a bank or other financial institution by writing a check or using a debit card
  5. 12. money or other substance generally accepted as payment for goods and services
  6. 13. an overthrow of government
  7. 14. paper currency issued by the Fed that eventually replaced all other types of federal currency
Down
  1. 1. rivately owned, publicly controlled, central bank of the United States
  2. 3. money that has an alternative use as an economic goo
  3. 4. money by government decree; has no alternative value or use as a commodity
  4. 7. broad definition of money supply conforming to money’s role as a medium of exchange and store of value
  5. 8. standard unit of currency in a country’s money supply
  6. 9. one of the three functions of money that allows it to serve as a common denominator to measure value
  7. 10. one of the three functions of money allowing people to preserve value for future use