Examlex
What variable has been shown to be highly correlated with nutrition, disease, and income, and is increasingly being used by economists to measure the well being of people?
Required Reserve Ratio
The percentage of deposits that banks are mandated to keep on hand and not lend out, as regulated by central banking authorities.
Money Supply
The total amount of monetary assets available in an economy at any given time, including cash, coins, and balances held in checking and savings accounts.
Credit Cards
Financial instruments that allow holders to borrow funds to pay for goods and services with the expectation of repaying the loan with interest.
Debit Cards
Plastic payment cards that allow users to make transactions by deducting money directly from their checking account, rather than incurring debt like a credit card.
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