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Write a paragraph on Tecumseh and the Prophet.
Required Reserve Ratio
A regulation that sets the minimum reserves each bank must hold to customer deposits and notes, effectively the same concept as the reserve-requirement ratio but stated differently.
Commercial Banks
Financial institutions that provide services such as accepting deposits, providing business loans, and offering basic investment products.
Government Securities
Financial instruments issued by the government to finance its expenditures, including bonds, notes, and bills, that pay interest to investors.
Dollar Amount
The value of an item or transaction expressed in U.S. dollars, a common measure for comparing financial value.
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