Across
- 3. objects that have value because a government has decreed that they are an acceptable means to pay debt
- 6. something that keeps its value if it is stored rather than spent
- 7. all of the money available in the United States economy
- 8. consists of all assets of m1 plus “near money”
- 10. anything that is used to determine value during the exchange of goods and services
- 11. represents money people can gain access to easily and immediately
Down
- 1. objects that have value because the holder can exchange them for something else of value
- 2. a means for comparing the values of goods and services
- 4. objects that have value in and of themselves that are also used for money.
- 5. coins and paper bills used as money
- 9. anything that serves as a medium of exchange, a unit of account, and a store of value