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Michael has weaker self-regulatory abilities than does Brian.Which of the following statements is most likely?
Clear
in an economic or financial context often means to settle a transaction or complete a trade or payment process.
Federal Reserve's Assets
These are financial assets held by the Federal Reserve Bank, including government securities, mortgage-backed securities, and loans to banks.
Excess Reserves
The capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors, or internal controls.
Required Reserve Ratio
The fraction of deposits that a bank is required by regulation to hold in reserve, not loaning them out, ensuring banks can meet their depositor's demands.
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