Examlex
Children who understand the concept of ________ know that a quantity remains the same despite changes in its appearance as long as none has been added or taken away.
Commercial Bank
A firm that engages in the business of banking, accepting deposits, offering checking accounts, and making loans.
Deposit Expansion Multiplier
A ratio that measures the potential increase in money supply from an initial deposit through the banking system's ability to lend and create money.
Reserve Requirement
The minimum amount of reserves a bank must hold against its deposits, as mandated by monetary authorities, to ensure banking stability.
Recession
An episode of provisional economic downturn, during which industrial and commercial activities decrease, customarily identified by a GDP drop in two consecutive quarters.
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