Money and Banking

2. narrow definition of money supply conforming to money's role as medium of exchange
5. standard unit of currency in a country's money supply
6. money by government decree
9. money or other substance generally accepted as payment for goods and services
10. one of the three functions of money that allows it to serve as a common denominator to measure value
11. account whose funds can be removed from a bank or other financial institution by writing a check or using a debit card
13. one of the three functions of money allowing people to preserve value for future use
14. moneyless economy that relies on the trade of barter

1. money that has an alternative use as an economic good
3. privately owned, publicly controlled, central bank of the United States
4. paper currency issued by the Fed that was eventually replaced by all other typed of federal currency
7. broad definition of money supply conforming to money's role as a medium of exchange and store of value
8. an overthrow of the government
12. money in the form of gold or silver coins