Examlex
Fill in the correct labels for the following figure using the word bank below.
-E ___________
Inflation
The pace at which the overall cost of goods and services increases, causing the value of money to decrease.
Money Supply
The total volume of economic monetary assets, such as cash, coins, and the balances in checking and savings accounts, at a specific period.
Currency
The system of money in general use in a specific country, consisting of banknotes and coins, that is accepted as a medium of exchange.
Overdraft Privileges
A feature offered by banks allowing an account holder to withdraw more money than is currently available in their account, often for a fee.
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