Politics and Economic                                    Vocabulary 1                                       Mr. Thacker

 

Section 2 -- Banking and Financial Markets                           Chapter 10

 

Identify and/or Explain

 

 1. Money

 2. Medium of Exchange

 3. Barter

 4. Goods or Services

 5. Unit of Account

 6. Yen, Rubles, Pesos

 7. Medium of Exchange

 8. Inflation

 9. Currency

10. Durable

11. Portable

12. Divided

13. Uniform

14. Limited Supply

15. Accepted

16. Commodity Money

17. Representative Money

18. Fiat Money