Reserve Requirements Are the

question 459

Multiple Choice

Reserve requirements are the

• A) rules covering the types of assets that banks may purchase.
• B) minimum percentages of deposits that banks must hold as reserves.
• C) minimum amount of an ownerʹs financial resources that must be placed in a depository institution.
• D) rules covering the types of deposits that banks may offer.

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Judicial Review

The power of courts to assess the constitutionality of laws and actions of the executive and legislative branches.

Constitutionality

The quality of being in accordance with the Constitution or governed by its principles.

Interstate Commerce

Trade, traffic, or transportation involving the passage of goods, services, money, or people across state lines within the United States.

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Activities and policies aimed at improving the economic well-being and quality of life of a community or country, including job creation, infrastructure improvements, and business support.