Write a paragraph or two explaining how money and the banking system work in the United

Chapter 14, Problem 1

(choose chapter or problem)

Write a paragraph or two explaining how money and the banking system work in the United States. Use all of the following terms.money barter commodity money representative money fiat money legal tender overdraft checkingelectronic funds transfer (EFT) automated teller machine (ATM) checking account debit card near moneysmoney barter commodity money representative money fiat money legal tender overdraft checkingelectronic funds transfer (EFT) automated teller machine (ATM) checking account debit card near moneys

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