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Compare and contrast the community policing and traditional policing approaches.
Required Reserve Ratio
The fraction of deposits that banks are required to keep on hand as reserves, either in cash or as deposits with a central bank.
Checkable Deposits
Deposits in financial institutions that can be withdrawn by writing a check or using a debit card.
Reserves
Assets held by financial institutions or central banks as a requirement or for ensuring liquidity in times of need, including cash, deposits, or securities.
Money Supply
The Money Supply is the total amount of monetary assets available in an economy at any specific time, including cash, coins, and balances held in checking and savings accounts.
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