Unit 4: History of Money and Banking

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Across
  1. 2. High Intrest, Low ROI
  2. 6. Money has to be easy to move around
  3. 9. Low Intrest, High ROI
  4. 10. Barrowed money that you pay back later, often at a greater price (credit cards and loans)
  5. 11. How transactions were carried out prior to paper money
  6. 12. has to be the same basic design and look and be worth stated value
  7. 14. something used for currency that allows the holder to exchange it for something of value
  8. 18. Prices!
  9. 20. calculated on the principal plus previously earned interest
  10. 21. Component of money supply relating to moneys role as a store of value
Down
  1. 1. calculated on the original amount
  2. 3. must be able to be broken into smaller pieces
  3. 4. A fee that's attached to borrowing money
  4. 5. A ranking of how good you are at following through with payments
  5. 7. Transfer funds to the future
  6. 8. something used a currency that the government has decided will be the central currency
  7. 13. Double conscience of wants
  8. 15. Limited Supply
  9. 16. Component of money supply relating to moneys role as a medium of exchange
  10. 17. Money has to withstand wear and tear
  11. 19. money that has value in and of itself, you don't have to use it as money