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Match each money term

Exercise and reference answers

Matching pairs
  1. Left
    Medium of exchange
    Right
    Sits between buyer, seller
  2. Left
    Unit of account
    Right
    The ruler for values
  3. Left
    M1
    Right
    The narrower measure
  4. Left
    M2
    Right
    The broader measure
  5. Left
    Net worth
    Right
    Assets less what is owed
Instructions
Tap a term on the left, then tap its meaning on the right.

Explanation

_Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 13 'Money and Banking'_
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