Examlex
"The volume of an ideal gas is directly proportional to its absolute temperature at constant pressure and number of moles" is a statement of ________ law.
Fractional-reserve Banking
A banking system where banks hold only a fraction of their deposits in reserve, lending the rest to generate profits.
Money Supply
The collective volume of monetary assets within an economy at a certain point, including cash, coins, and balances in checking and savings accounts.
Fractional-reserve Banking
A banking system where banks hold only a fraction of deposits as reserves and lend out the remainder, thereby creating additional money supply.
Bank Runs
Situations where a large number of bank customers withdraw their deposits simultaneously due to fears that the bank will become insolvent.
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