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Money and the Financial Market

Across
The exchange of one person's goods or services for another's
Authorization for a bank to exist given by the government
Collection of organizations that assist households in channeling their money to businesses and the government
A banker lends out more paper money than he can back in gold
A kind of money that does not have gold or something of substantive value backing it
Financial institution that that accepts deposits and makes commercial loans
Down
A single commonly used good becomes the economy's medium of exchange
A coin containing an amount of gold or silver equal to its face value
Anything that a society commonly uses and generally accepts in payment for goods and services
A coin that contains a quantity of metal less than its face value
S&L's, mutual savings banks, credit unions
Money that represents a commodity that some entity holds in store