Examlex
Stacy stops at the grocery store to purchase detergent.Tide is her favorite brand,but if another detergent is less expensive,she buys it.This is an example of
Required Reserves
Minimum vault cash or reserves; held at the Federal Reserve District Bank.
Federal Open Market Committee
The branch of the Federal Reserve System that is responsible for setting the direction of monetary policy by buying and selling government securities.
Fed's Governing Board
The main governing body of the Federal Reserve, responsible for setting monetary policy and overseeing the operations of the Federal Reserve Banks.
President
The elected head of a republican state or organization, responsible for leading and sometimes representing the entity in various capacities.
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