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You have just been put on administrative leave for screaming at and hitting a teen with a nightstick who was loitering and skateboarding in a public area after he disobeyed your order to cease and desist. Until you see the video of yourself on YouTube, secretly recorded by a third party, you didn't realize how angry you had become after being disrespected and disobeyed by the teen. You have no explanation for your behavior except that you were doing your job. You were placed on administrative leave because:
Reserve Requirement Ratio
The fraction of deposits that banks are required to keep on hand, either in cash or as deposits at a central bank, as a measure to ensure bank liquidity.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by regulatory authorities.
Total Checkable Deposits
represents the sum of all demand deposits and negotiable order of withdrawal (NOW) accounts in the banking system, which are available for immediate withdrawal and payment.
Depository Institutions Deregulation and Monetary Control Act
A United States federal law enacted in 1980 aimed at improving the efficiency of the financial institutions system and enhancing the control of the money supply.
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