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__________ Is the Process of Studying and Designing Equipment and Systems

question 7

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__________ is the process of studying and designing equipment and systems that are easy and efficient for people to use and that ensure their physical well-being.


Definitions:

Excess Reserves

The funds that banks hold over and above the required reserve ratio set by the central bank.

Money Supply

The overall sum of financial resources present in an economy at a given moment.

Open Market Operations

are actions taken by central banks to buy or sell government securities in the open market to control the money supply and influence interest rates.

Federal Reserve Notes

The paper currency issued by the Federal Reserve System in the United States, serving as the nation's primary form of legal tender.

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