Econ Chapter 10 Vocabulary

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Across
  1. 1. the United State's central banking system.
  2. 3. when a large group of people withdraw more money than the bank has.
  3. 4. measure of money that is in savings accounts, checking deposits, cash, and deposits that can be readily converted to cash.
  4. 7. a bank account that funds can be withdrawn from at any time without a notice in advance.
  5. 9. a type of savings account offered by banks and credit unions that holds a fixed amount of money for a fixed amount of time.
Down
  1. 1. is ordered as an acceptable means to pay debts.
  2. 2. objects that have values for themselves as well as for use as money.
  3. 5. paper currency that was issued by the North in the American Civil War.
  4. 6. a government agency that ensures customer deposits if a bank fails.
  5. 8. currency with the public + demand deposits with the banking system.