Examlex
Instructions:
∙ Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
Explain the historical significance of each item. Establish the historical context in which the
∙ item exists. Establish the item as the result of or as the cause of other factors existing in the society under study. Answer this question: What were the political, social, economic,
and/or cultural consequences of this item?
-Malinche
Required Reserve Ratio
The fraction of deposits that a bank is required by regulation to hold in reserve, either in its own vaults or with a central bank, and not lend out.
Money Supply
The sum of physical currency, demand deposits, savings, and other liquid assets in a country's economy.
Fed
Known as the Federal Reserve System, the central bank of the United States oversees the nation's monetary policy.
Depository Institution
A financial institution legally allowed to accept monetary deposits from consumers, such as banks and credit unions.
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