Which of the Following Terms Refers to the Percentage of Its

question 52

Multiple Choice

Which of the following terms refers to the percentage of its deposits a bank must hold,in cash or on deposit,with a Federal Reserve bank?

• A) discount rate
• B) key rate
• C) prime rate
• D) federal insurance premium
• E) reserve requirement

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Definitions:

Supervising Government Decision Makers

The oversight of individuals or bodies that make policy and regulatory decisions within the government framework.

Writ of Certiorari

A court order that requests the lower court to deliver its record in a case so the higher court can review it.

Mandamus

A legal order directed from a higher court to a lower court, or mandating an individual to carry out a duty required by law.

Alternative Methods

Different or unconventional approaches to achieving a goal or completing a task.