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ECON_ Topic #6.1 & 6.2

Full Name:
Period:
Horizontales
An order of decree or "Legal tender."
National currency used today in the United States.
Direct exchange of one set of goods and services for another.
12 regional federal banks that serve as the central bank for their region.
Bank chartered or licensed by the federal government.
Monetary system in which paper money and coins had the value of certain amounts of gold.
Objects that have value in and of themselves and that are also used as money.
Verticales
Anything that serves as a medium of exchange, a unit of account, and a store of value.
Group of people appointed by the president of the U.S. to oversee the Federal Reserve branches.
Widespread panics in which great numbers of people try to redeem their paper money at the same time.
A means of comparing the values of goods and services.
Money holds its value whether it is saved or stored.
Anything that is used to determine value during the exchange of goods and services
Bank that can lend to other banks in times of need.
Makes use of objects that have value solely because the holder can exchange them for something else of value.