Examlex
What is the definition of software?
Federal Reserve
The central banking system of the United States, responsible for implementing monetary policy, supervising banks, and ensuring financial stability.
Money Supply
The sum of all money present in an economy at a given moment, which encompasses cash, coins, and the amounts in checking and savings accounts.
Currency
A system of money in general use in a particular country or in the international market for trade and finance.
Reserve Requirement
The minimum amount of reserves a bank must hold against deposits, as mandated by central banking authorities to ensure banking system stability.
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