Across
- 1. objects that have value in themselves as well as for use as money
- 4. currency that had a value in gold for exchange
- 6. common bank
- 7. paper currency made legal tender by a fiat of the government, but not based on or convertible into coin.
- 8. The system of banking that exists in the United States in which state banks and national banks are chartered and supervised at different levels
- 12. currency that had a value in silver for exchange
- 16. bank owned by members that subscribe
- 18. the value behind the money in a monetary system
Down
- 2. anything generally accepted as representing a standard of value and exchangeable for goods or services.
- 3. money in the form of coin
- 5. the function of money that enables goods and services to be paid for a considerable time after they have been acquired
- 7. central banking system of the US
- 9. economy where goods or services are traded
- 10. the federal standard of money that is used
- 11. a scale on which the value of a good or service is meausred
- 13. the standard unit of value of a currency
- 14. currency that is permitted to be used by the government
- 15. all paper money has an equal value in gold
- 16. any circulating medium of exchange, including coins, paper, and demand deposits
- 17. bank that is chartered by the federal government