Across
- 2. In order for a transaction/exchange to work, what does the currency have to be for both parties?
- 4. Since fiat money is so cost-less to produce, what does the government tend to do?
- 9. Currency that could be used for other purposes rather than just as currency
- 10. Able to buy something of large or small value or can be easily "split"
- 11. Used to buy goods and services
Down
- 1. When two people want something of each other in which they trade.
- 3. Used to be frequently exchanged in large transactions.
- 5. Holds its value over a lifelong (forever) period of time.
- 6. The King of Lydia produced the world's first coin as currency
- 7. Something everyone can agree on that has value.
- 8. Commodity money that was used to exchange items between the Native Indians and Europeans