Evolution

2. these are accounts in which the funds a person deposits in a bank can be accessed by writing a check or using a debit card.
3. standard unit of currency, in the U.S. money system.
5. money by government decree.
8. so it does not deteriorate when it is handled.
9. the penny, the smallest denomination of coin, is small enough for almost any purchase.
10. a measuring stick, used to express the worth of something in terms that most people understand.
11. so that people can use only as much as they need for a transaction.
14. the most visible part of our money supply.
15. something accepted by all parties as payment for goods and services.
16. Spanish pesos were known as.
18. some of the terminology associated with the Spanish peso remains, as when people sometimes call a 25-cent coin (one quarter of dollar.)
19. a moneyless economy that relies on trade.
20. the feature of money that allows purchasing power to be saved until it is needed is referred to as.

1. is convenient, and can be easily transferred from one person to another.
4. money that has an alternative use as an economic good, or commodity.
6. metallic coins last about 20 years under normal use.
7. the privately owned, publicly controlled, central bank of the United State.
12. money in the form of sliver or gold coins.
13. the Fed monitors the size of the money supply and takes steps to keep it from growing too fast.
17. money must be easily transferred from one person to another, to make the exchange of money for products easier.