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A leader is a person who obtains power through authority.
Legal Reserve Requirement
The minimum amount of reserves a financial institution must hold against deposits, as mandated by regulatory authorities, to ensure liquidity.
Federal Reserve District Banks
The 12 regional banks in the Federal Reserve System of the United States, each responsible for implementing the nation's monetary policy in its region.
Monetary Policy Weapon
Tools used by central banks to control the supply of money in the economy, influencing interest rates and inflation.
Legal Reserve Requirement
The minimum amount of reserves that banks are required to hold against deposits, as mandated by central banks.
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