| A | B |
|---|
| Another name for checking accounts | demand deposits |
| Banks chartered by the federal government | national banks |
| Insures depositors' accounts | Federal Deposit Insurance Corporation |
| Item that has a value of its own and thatis also used as money | commodity money |
| Established in 1913 and became the nation's central bank | Federal Reserve System |
| Money that has value because of a government decree | fiat money |
| Gold or silver coins | specie |
| Coins and paper bills | currency |
