Economics 10-2

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Across
  1. 4. A system where money can be used to exchange for a specific amount of gold
  2. 7. paper currency that is backed by silver
  3. 9. Commercial bank chartered by National Banking System
  4. 10. A bank that receives charter from the state it operates
  5. 11. A rush of depositors to withdraw all deposited funds, typically when a bank failure is expected
  6. 12. Currency that is issued by commercial banks and is backed by bonds from the government
Down
  1. 1. Currency that has to be accepted as a form of payment, decree of government
  2. 2. Paper currency that is backed by gold
  3. 3. An institution headed by the United States government that acts as insurance for banks
  4. 5. A type of stipulation, commonly found in legal documents
  5. 6. A "bankers' bank" that can lend money to other banks when it is needed
  6. 8. At the start/beginning