Across
- 2. - broad definition of money supply conforming to money role as a medium of exchange M1 plus saving deposit, time deposit, and money market funds
- 6. - moneyless economy that relies on trade or barter
- 7. - privately owned, publicly controlled, central bank of the united states
- 8. - narrow definition of money supply conforming to money role as medium of exchange; components include coins, currency, checks, other demands deposits, travelers checks
- 9. - money by government decree; has no alternative value or use as a commodity
- 12. - account whose funds can be removed from a bank or other financial institution by writing a check or using debit card
- 13. - overthrow of government
Down
- 1. - money that has an alternative use as an economic good; gunpower, flour, corn, etc
- 3. - money in the form of gold or silver coins
- 4. - paper currency issued by the fed that eventually replaced all other types of federal currency
- 5. - one of the three functions of money that allows it to serve as a common denominator to measure value
- 8. - money or other substance generally accepted as payment for goods and services; one of the three functions of money
- 10. - standard unit of currency in a country's money supply; american dollar, british pound, etc
- 11. - one of the three functions of money allowing people to preserve value for future use