Examlex
Which of the following features of e-commerce technology enables merchants to market and sell "complex" goods and services to consumers via marketing messages that can integrate video, audio, and text?
Required Reserve Ratio
The fraction of deposits that banks are required to hold in reserve and not lend out, determined by the central bank.
Interest Rates
The cost of borrowing money or the return on investing, typically expressed as a percentage of the principal, and set by central banks or determined by the market.
Excess Reserves
The capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors, or internal controls.
Actual Reserves
The total amount of funds that a bank has on deposit at the Federal Reserve, plus any cash physically held by the bank.
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