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Which theory suggests that the solution to crime is to ensure that punishments are certain, swift, and harsh enough to discourage people from choosing to engage in criminality?
Demand Deposits
Bank accounts from which deposited funds can be withdrawn at any time without any notice to the institution, typically through writing checks.
Excess Reserves
The reserves held by banks in excess of what is required by regulations, which can be loaned out to generate additional income.
Required Reserves
The portion of depositors' balances that banks must have on hand as cash or as deposits with the central bank, mandated by the regulatory body.
Total Reserves
The sum of a bank's deposits at the central bank and the cash in its vault available for immediate withdrawal.
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