Examlex
If the percentage change in quantity demanded is zero for any percentage change in the price,demand is classified as being
Interest Rates
The cost of borrowing money or the return on investing, typically expressed as a percentage of the principal, and set by central banks or determined by the market.
Excess Reserves
The capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors, or internal controls.
Actual Reserves
The total amount of funds that a bank has on deposit at the Federal Reserve, plus any cash physically held by the bank.
Reserve Requirement
A regulation set by central banks requiring commercial banks to hold a certain proportion of their deposits as reserves.
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