Matching each monetary term in Colum A with its definition in Column B is as follows:
Column A Column B
(Monetary Terms) (Definitions of the monetary terms)
1. Barter f. the exchange of goods for goods.
2. Money d. Anything generally excepted in
payment for goods and services.
3. Currency e. Money that is easy to carry because it
is paper.
4. Monetary unit b. The standard unit of value of a
country’s currency.
5. Depositor c. A person who places money in an
account in a bank for safety and earnings.
6. Bureau of the Mint h. An organization that manufactures the
US coins.
7. Electronic funds transfer (EFT) a. The use of computers to receive and
make payments.
8. Federal Revenue System g. An organization that regulates the
nation's banks and its money supply.
A monetary term is a description of economic knowledge or activity involving the use of money.
Examples of other monetary terms are:
Thus, the monetary terms have been matched correctly with their definitions.
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