Money
The highest denomination coin minted for use in the United States.
What is the one dollar piece
Money issued by the government
What is currency
Denver, Philadelphia, San Francisco, and West Point have a connection. What is it?
What is, they all have a government mint for producing coins
From our very beginnings to 1900, the United States used gold and silver to support the money supply. You text calls this...
What is Bimetallic Standard
This is vital to the survival of the economy.
What is a proper supply and flow of money
The two kinds of currency used in the United States.
What are paper and coin
Primarily produced for the convenience of making change
What are coins
Notes issued by the United States government (The Union) durring the American Civil War
What are "greenbacks"
From 1900 to 1933, this was used to support the money supply of the United States
What is gold
Economists have a name for the three measures of the money supply. THey are...
What are M1, M2, M3
If cash money makes up half of the money supply, the other half is...
What are checks
Virtually all paper currencies in circulation today are...
What are federal Reserve Notes
A deposit in a bank that promises to pay on demand an amount of money specified by the customer who owns that account
What is demand deposit
From 1933 to 1971, ownership of gold was...
What is illegal
The dollar buying less than it did previously
What is inflation
Any person or group attemping to produce money other than the government
What is counterfeiting
What are "legal tender for all debts"
Sharing its acronym with the National Organization for Women, this is the best known interest-bearing checking account
What is a negotiable order of withdrawl
Today US currency is backed up by...
What is nothing
What is the consumer price index (CPI)
On rare occasions, you might encounter bills with red seals and red serial numbers. This type of paper money is called...
What is a United States Note
Printing of notes from the US government today is done at...
What is the Bureau of Engraving and Printing of the Department of the Treasury
Included in the count of the money supply, these make globetrotting more secure and foul-free.
What are Traveler's Checks
Government-issued currency that has value because the government says so
What is fiat currency
Raw materials that are traded in the stock market whose prices rise are called...
What is commodity inflation