1 | Barter | | _____ | Savings accounts, money market accounts |
2 | Money | | _____ | Trading without money |
3 | Medium of exchange | | _____ | Buying a laand that is back by a fully depreciated asset |
4 | Portability | | _____ | Making money into smaller amounts |
5 | Durable | | _____ | Checking accounts, cash, coins |
6 | Divisible | | _____ | Means of exchange using scarce materials, metals, or produce |
7 | Stability | | _____ | Ability to withstand use |
8 | Acceptability | | _____ | Showing that money's value does not vary too much |
9 | Commodity money | | _____ | Money that is being used for the purpose of buying/selling goods or services. |
10 | Representative money | | _____ | A payment for using money |
11 | Inconvertible flat | | _____ | The use of a receipt or paper money to gurantee value |
12 | Gold standard | | _____ | The ease with which money can be carried from place to place. |
13 | Inflation | | _____ | A chance on investment where the interest ratets will increase |
14 | Money | | _____ | Money that is back by a fixed amount of commodity |
15 | M1 | | _____ | a debt |
16 | M2 | | _____ | A price for using money |
17 | Interest | | _____ | Refers to paper and virtual money that is not back by real commodity |
18 | Interest rate | | _____ | Anything that functions as a medium of value |
19 | Real interest rate | | _____ | Investment that has gone bad and there is a default in payments |
20 | Expected inflation | | _____ | Ability to use or accept a value of money |
21 | Default risk premium | | _____ | Situation in which excess money drives up prices |
22 | Liquidity premium | | _____ | Equal line between saving and borrowing money |
23 | Maturity risk | | _____ | Estimating payment for using money |