Money and Banking Chapter 10

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Across
  1. 4. is savings accounts and time deposits that can be converted into cash relatively easily
  2. 5. automated teller machine
  3. 7. can be used like an ATM card or like a check
  4. 9. money has intrinsic value based on the material from which it is made
  5. 11. determines the economic worth in the exchange process
  6. 13. money is declared by the government and accepted by citizens to have worth
  7. 14. banks that are chartered by a national government
  8. 15. banks that are chartered by a state government
Down
  1. 1. is paper money and coins
  2. 2. means through which goods and services can be exchanged
  3. 3. a system that is backs the basic monetary unit with a set amount of gold
  4. 6. anything that people will accept in exchange for goods and services
  5. 7. are checking accounts
  6. 8. is something that holds its value over time
  7. 10. is the exchange of goods and services without using money
  8. 11. card represents money that the holder has on deposit with an issuer
  9. 12. money is backed by something tangible