Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
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
|
