Across
- 3. value comes from a commodity of which it is made.
- 9. money deposited into a bank account with funds that can be withdrawn on-demand at any time
Down
- 1. emergency paper currency issued by the United States during the American Civil War that were printed in green on the back.
- 2. a government-issued currency that is not backed by a commodity such as gold.
- 3. is a type of savings account offered by banks and credit unions.
- 4. the money supply that is composed of currency, demand deposits, other liquid deposits
- 5. a measure of the U.S. money stock that includes M1 (currency and coins held by the non-bank public, checkable deposits, and travelers' checks)
- 6. occurs when many clients withdraw their money from a bank, because they believe the bank may fail in the near future
- 7. a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks.
- 8. the central banking system of the United States