ECON2 Chapter 10
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| is anything that people will accept in exchange for goods and services. | show 🗑
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| is a means through which goods and services can be exchanged. | show 🗑
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| is the exchange of goods and services without using money. | show 🗑
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| show | standard of value
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| show | store of value
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| show | Commodity money
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| show | Representative
money
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| show | Fiat money
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| show | Currency
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| are checking accounts. | show 🗑
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| show | Near money
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| is a bank chartered by a state government. | show 🗑
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| show | National banks
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| is a system that backs the basic monetary unit with a set amount of gold. | show 🗑
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| is an electronic device that allows bank customers to make transactions without seeing a bank officer. | show 🗑
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| show | debit card
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| show | stored-value card
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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