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12 ECON Vocab 11 Fill In The Blanks

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In each blank, try to type in the word that is missing. If you've typed in the correct word, the blank will turn green.

If your not sure what answer should be entered, press the space bar and the next missing letter will be displayed.

When you are all done, you should look back over all your answers and review the ones in red. These ones in red are the ones which you needed help on.
Term: monetary Definition: by which money is kept portable, durable, divisible, and limited in supply
Term: United noteDefinition: legal tender printed by the Union during the Civil War that was not by gold or silver
Term: bankDefinition: bank that to the needs of business and commerce
Term: economyDefinition: based on trade rather than money
Term: gold Definition: monetary under which currency can be exchanged for gold
Term: savings and loan Definition: depository institution that most of its funds in home mortgages
Term: medium of Definition: something as payment for goods and services
Term: tenderDefinition: fiat money that must be accepted in for debt
Term: Federal Reserve Definition: paper currency issued by the Federal Reserve
Term: gold Definition: paper backed by gold
Term: NOW Definition: account that pays interest
Term: moneyDefinition: anything that as a medium of exchange and a store of value
Term: Definition: paper currency that was with green ink on both sides
Term: credit Definition: nonprofit depository institution by its members
Term: state Definition: bank that received its to operate from a state bank
Term: certificateDefinition: paper currency backed by dollars and bullion
Term: run on the Definition: rush by depositors to their funds from a bank
Term: fiat Definition: anything a government decrees to be
Term: Federal SystemDefinition: 's central bank
Term: Banking SystemDefinition: of privately owned banks operating under charters from the federal government
 
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