Match Each Term with Its Meaning

question 12

Multiple Choice

Match each term with its meaning.
-number by which another number is multiplied

• A)decimal place
• B)multiplication
• C)decimal
• D)decimal point
• E)decimal fraction
• F)multiplier
• G)decimal system
• H)continuing number
• I)whole number
• J)power of 10

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Definitions:

Deposits Reserve

Funds that banks are required to hold in reserve, either in their vaults or at a central bank, as a safeguard against bank runs and to ensure liquidity.

Greenbacks

A term historically used to refer to paper currency issued by the United States during the Civil War, recognized by their green coloring.

Gold Standard

A monetary system in which the value of a country's currency is directly linked to gold, ensuring stability and trust in the currency.

Time Deposits

A financial product provided by banks that offers a higher interest rate in exchange for keeping a specified amount of money untouched for a predetermined period.