Examlex
Suppose you are studying photosynthesis in a research lab. You grow your plants in a chamber with a source of water that has a radioactively labeled oxygen atom. What photosynthetic product will be radioactive?
Legal Reserve Requirement
A regulation set by central banks determining the minimum amount of reserves that must be held by a financial institution, usually a percentage of deposits.
Federal Funds Rate
The interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against deposit account liabilities, as mandated by the central bank, to ensure bank liquidity.
Demand Deposits
Bank accounts that allow the holder to withdraw funds without advance notice, such as checking accounts.
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