The Financial Sector

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Across
  1. 2. The total amount of money in circulation or in existence in a country.
  2. 4. Medium of exchange, store of value, unit of account and standard of deferred payment.
  3. 6. Another name for fiat money.
  4. 7. The government's plan for spending and taxation in a given year is the ________
  5. 10. The direct exchange of goods and services for other goods and services without the use of money.
  6. 11. A financial institution that provides checking and savings accounts.
  7. 13. Money must be long-lasting
  8. 14. The cost of borrowing money is ________
Down
  1. 1. The financial sector provides variety of savings options for ________
  2. 3. Feature where money must be easily carried around.
  3. 5. The ______ bank acts as a lender of last resort.
  4. 8. M1 plus savings accounts in financial institutions and money market accounts.
  5. 9. The main function of the central bank is to control the _______ supply.
  6. 12. Paper notes and coins used in transactions are________
  7. 15. _______ consists of all notes and coins in circulation.