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