Examlex
"Independent reality" means _____.
M1
A category of the money supply that includes all physical money like coins and currency, as well as demand deposits, checking accounts, and negotiable order of withdrawal (NOW) accounts.
M2
A measure of the money supply that includes cash, checking deposits, and easily convertible near money.
Monetary Policy
The method used by a country's monetary authority to regulate the amount of money in circulation, typically aiming at a specific inflation or interest rate to promote economic stability and expansion.
Lender Of Last Resort
An institution, typically a country's central bank, that offers loans to banks or other financial institutions that are experiencing financial difficulty or are considered highly risky.
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