Money

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Across
  1. 2. a currency that holds value of its own, can be used as an item
  2. 5. the president that vetoed the establishment of the 2nd bank
  3. 11. the type of interest that is earned on both the principal and previous interest
  4. 12. the father of American banking, established the 1st central bank
  5. 15. example: small enough to carry easily
  6. 16. independent establishment that makes all money for the US
  7. 17. banks look at this to determine if they'll give you a loan
  8. 18. example: every $1 bill looks the same
  9. 19. example: if left in the washer, it won't just disintegrate
  10. 20. an item or record that is accepted as payment
Down
  1. 1. example: every store accepts Federal Reserve Notes
  2. 3. example: broken into smaller, countable parts
  3. 4. can achieve by repaying loans and debts
  4. 6. the type of interest that is earned on only the principal investment
  5. 7. used as currency because the government says it holds value
  6. 8. happens from racking up debt and not paying it all back
  7. 9. currency that is exchanged for something of value
  8. 10. example: only the Federal Reserve can make our money
  9. 13. the sum total of all the money and assets in a country's economy
  10. 14. trade with goods, an exchange