. Match each concept in Column A with a definition or example in Column B. Column A Column B а. Еxcess 1. The ease of use of an asset as a medium of exchange reserves b. Barter 2. A measure of the money supply that includes currency, checkable deposits, and traveler's checks 3. An institution such as a bank, savings and loan association, or life insurance company that accepts funds from savers and makes loans to borrowers c. Deflation d. Required 4. A good used as money that is also valuable in itself reserves e. Liquidity 5. When the aggregate price level falls f. Commodity 6. A medium of exchange that is accepted as money accepted because the government says it has money value 7. A measure of the money supply that includes all of Ml plus savings deposits, small certificates of deposit, and retail money market funds g. Fiat money 8. Exchange of goods, services, or assets directly for other goods, services, or assets, without the use of money h. Ml money i. M2 money 9. The portion of bank reserves that banks must keep on reserve j. Financial intermediary 10. The portion of bank reserves that banks are permitted to lend to their customers