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When conducting a question-and-answer session, you should
Monetary Policy
Monetary policy involves the actions of a central bank or other regulatory authorities that determine the size and rate of growth of the money supply, which in turn affects interest rates.
Excess Reserves
The amount of reserves that a bank holds beyond what is required by regulations or reserve requirements.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, including regulating banks, managing the country's money supply, and stabilizing the financial system.
Reserve Requirement
The portion of depositors' balances that banks must have on hand as cash, ensuring banks can meet withdrawal demands.
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