Chapter 10.1

3. money by government decree, has no alternative value or commodity
4. narrow definition of money supply conforming to moneys role as medium of exchange
7. money that has an altertative use as an economic good
9. money or other substance generally accepted as payment for goods and services
11. an overthrow of government
12. money in the form of gold or silver coins

1. stardard unit of currency in a countrys money supply
2. moneyless economy that relies on trade or barter
3. privatley owned, publicly controlled, central bank of the united states
4. one of the 3 fuctions of money that allows it to serve as a common denominator to mesure value
5. account whose funds can be removed from a bank or other financial institution by writing a check or using a debit card
6. paper currency issued by the fed that eventually replaced all types of federal currency
8. broad definition of money supply conforming to moneys role as a medium of exchange and store of value
10. one of the 3 functions of money allowing people to preserve value for future use