Money bingo
Exercise and reference answers
- Clues and terms
- Clue
- Stands between buyer and seller.
- Item
- Exchange
- Clue
- Holds worth over time.
- Item
- Store value
- Clue
- The ruler for value.
- Item
- Unit account
- Clue
- Cash and demand deposits.
- Item
- M1
- Clue
- Broader, includes M1.
- Item
- M2
- Clue
- Worth something itself.
- Item
- Commodity
- Clue
- How fast it buys.
- Item
- Liquidity
- Clue
- Two column layout.
- Item
- T-account
- 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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