Money & Banking

3. To trade goods for goods or services for services
7. This type of card uses $ from a checkable account
8. This is the # of hours it takes to transfer through debit card account
9. __ tender refers to money that must be accepted because law backs it
10. Base unit in Europe
11. Charge fees for overdraft checks are up to this amount
14. This type of card is essentially a loan from the issuer of the card that must be paid back monthly
15. This allows for banking without a teller involved
17. Under the EFT Act, a person is only responsible for this amount of $
18. During this war, the U.S. printed worthless $ to cover war debt
20. Base unit in Japan

1. This percentage of our currency is coins
2. Store of ___ means storing money for later use
4. This money has value from the government
5. This bureau is responsible for minting coins
6. This type of checking refers to writing a check for more $ than what is in account
7. Base unit in the U.S.
10. This refers to transferring $ from one account to another electronically
12. This type of money is backed by a valuable item
13. This act made the dollar the basic unit of currency in the U.S.
14. This type of money is value as a good
16. This and tobacco were popular bartering items in colonial times
19. These are possessions or other items of value that can be turned into $ easily