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Money bingo

Exercise and reference answers

Clues and terms
  1. Clue
    Stands between buyer and seller.
    Item
    Exchange
  2. Clue
    Holds worth over time.
    Item
    Store value
  3. Clue
    The ruler for value.
    Item
    Unit account
  4. Clue
    Cash and demand deposits.
    Item
    M1
  5. Clue
    Broader, includes M1.
    Item
    M2
  6. Clue
    Worth something itself.
    Item
    Commodity
  7. Clue
    How fast it buys.
    Item
    Liquidity
  8. Clue
    Two column layout.
    Item
    T-account
  9. Clue
    System money creation.
    Item
    Multiplier
Instructions
Read each clue and tap the term it describes.

Explanation

_Source: OpenStax Principles of Economics 3e, Chapter 27, Money and Banking._
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