Examlex
What is the correct classification of the following reaction?
Excess Reserves
The reserves held by a bank in excess of the minimum reserve requirements set by central banking authorities.
Required Reserves
The minimum amount of reserves that banks are required to hold by law, as a safeguard against bank runs.
Demand Deposits
Bank account balances that can be withdrawn on demand without any notice, such as in checking accounts.
Credit Availability
The ease with which individuals and businesses can obtain loans or credit, often influenced by interest rates and economic policies.
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