Examlex
What is the informal economy? Give examples.
United States
A country in North America consisting of 50 states, known for its significant global economic and cultural impact.
Short-term Rate
Interest rates on loans or financial products that are due within a short period, usually one year or less, significant for monetary policy and investment decisions.
Reserve Requirements
Regulations set by central banks regarding the minimum amount of reserves that banks must hold against deposits.
Monetary Policy
The process by which a central bank controls the supply of money in an economy, typically to achieve objectives like controlling inflation or promoting growth.
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