What is a seller that will accept it in exchange for a good or service
100
presence or absence of sertin functions
What do economists identify money by
100
offers a wide variety of services, uncluding checking accounts, intrest on checking, automatic deposit and payment, storage of valuables, transfer of money one person to another
What is banking services
100
money deposited in a bank that a person can withdraw at any time by writeing a check
What is checking account
200
unit of accounting
What is money that is measure of value functions
200
each nations use a basic unit to measure the value of goods, as it uses the foot or meter to measure distance.
What is unit of accounting
200
one of the most important changes in banking began in the late 1970s with the introduction of the computer
What is electronic banking
300
overdraft checking
What is a customer to write a check for more money than exist in hir or her account
300
barter requires this
What is double coincidence of wants
300
1792 is the manner in which a nation assigns value to its money
What is monetary standard
400
checking account
What is money deposited in a bank that a person can withdraw at any time
400
you can sell something, such as your labor, and store the purchasing power the results from the sale in form of money for use later
What is store of value
400
these units lets consumers do their banking without the help of a teller
What is ATMs
500
near moneys
What is started in terms of money, and they have high liquidity in comparison to other investments, such as stocks
500
bills, coins, and checks
What do most americans think of money as
500
rights and responsibilities of participants in this systems