Across
- 3. a system in which goods are used as a medium of exchange
- 5. A person who places money in an account in a bank for safety and earnings
- 7. Any medium of exchange that is widely accepted in payment for goods & services
- 8. Money can be divided into smaller units
- 9. A means of payment whose purchasing power greatly exceeds its cost of production or value in uses
- 10. Widely recognized in the same way
Down
- 1. the portion of M2, M3 and L that exceeds M1
- 2. A useful good that serves as a medium of exchange
- 4. Value of money must be retained over time
- 6. Easy to bring along