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7 Cards in this Set

  • Front
  • Back
bartering
exchanging goods and services
currency
the coins and paper bills used as money in an economy
demand deposit
the money in a checking accoumt
money supply
is the total amount of money available for use as a medium of exchange
loan
is an amount of money borrowed for a certain time period
fractional reserve
banks keep a percentage of checking and savings deposits in reserve
full employment
means that every preson who should have a job