Currency CE 13f

Money is anything that is generally accepted as a method of payment for goods and services.

• True

• False

Money makes it harder to trade, borrow, save, and invest, and to compare the value of goods and services.

• True

• False

What is the best title for the box?

• Why more currency isn't used?

• Why is the Fed the nation central bank?

• Why does the government issue currency?

• What do financial institutions do?

Identify all of the roles of money.

• Measure of value

• Weight of trade

• Store of Value

• Method of paying

• Medium of exchange

Identify the types of money in the USA.

• Banks deposits with checks

• Credit cards with banks

• Bank deposits with debit cards

• Federal Reseve Notes

• Coins