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A nonprofit organization, a public organization, and a private sector organization joined forces to resolve an unmet community need. According to your textbook author, this relationship may be referred to as a/an ______.
Money Supply
The total financial assets present within an economy, inclusive of cash, coins, and the amounts present in checking and savings accounts, at a certain point.
Reserve Requirement Ratio
The fraction of deposits that banks are required to hold in reserve, either in their vaults or with the central bank, not used for loans.
Checkable Deposits
Deposits in bank accounts that can be withdrawn using checks, debit cards, or digital transactions, comprising a significant part of the money supply.
Required Reserves
are the minimum amounts of funds that banks must hold in reserve against deposits, as mandated by central banks.
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