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A bank currently has checkable deposits of $100,000, total reserves of $30,000, and loans of $70,000. If the required reserve ratio is lowered from 20 percent to 15 percent, this bank can increase its loans by:
Trailers On Flatcars (TOFC)
A freight system where trailers are transported on railway flatcars, combining road and rail transportation.
Containers On Marine Vessel (COMV)
Refers to the standard large containers used for shipping goods internationally by sea, placed and transported on a marine vessel.
Just-In-Time System
A supply chain management system designed to decrease waste and increase efficiency by receiving goods only as they are needed in the production process.
Same Day Air
A transportation service ensuring parcels or freight are delivered via air transport within the same day, emphasizing speed and efficiency.
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