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-In the above table, total fixed costs are
Banking System
The network of banks and financial institutions that provide financial services to consumers, businesses, and other banks.
Reserve Ratio
The fraction of deposits that a bank must hold in reserve and not lend out, as required by monetary authorities.
Reserve Ratio
The fraction of depositors' balances that banks must have on hand as cash, a requirement determined by the central bank.
Money Multiplier
The mechanism by which the base money supply is expanded through the banking system's ability to lend and create deposits.
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