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Chapter 7

Money

TermDefinition
Money Anything of value that is widely accepted as payment for goods and services.
Bartering Means swapping goods or services that one person has for goods or services another person has.
European Central Bank (ECB) The governing body of all European Union central banks and is responsible for making financial decisions for the European Union.
Economic and Monetary Union (EMU) The European countries that use the same currency
Single currency The same currency used in the European countries
Created by: jdunnestmarks
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