Examlex
"Hiring by the numbers" is:
Fed
Short for the Federal Reserve System, it is the central banking system of the United States, responsible for monetary policy.
Reserves
Deposits that banks have received but have not loaned out.
Interest Rate
The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a specified period.
Spending Multiplier
The ratio of the change in total output to the initial change in spending that brought it about.
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