Examlex
The Research Center has branch operations in three states. Each branch deals with a local bank. However, all excess funds in these branch bank accounts are transferred on a daily basis to the company's primary bank located near the home office. This routine of transferring cash to the primary bank on a regular basis is referred to as:
Money Supply
The sum of monetary holdings in an economy, which includes cash, coins, and the balances in checking and saving accounts, at a specific instant.
Standard of Value
A criterion that allows the value of various goods and services to be compared.
Store of Value
A store of value is an asset that maintains its value over time without depreciating, allowing it to be saved, retrieved, and exchanged at a later time.
Medium of Exchange
A mediating tool or mechanism that enables the buying, selling, or exchanging of products among individuals or groups.
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