Examlex
When the processor needs an instruction or data, it searches memory in this order: L1 cache, then L2 cache, then L3 cache (if it exists), then RAM - with a greater delay in processing for each level it must search.
Fiscal Policy
Governmental policies regarding taxation and spending to influence the economy.
Negative Excess Reserves
A situation where a bank has less reserves than the minimum required reserve, indicating a potential liquidity problem.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by central banking authorities, to ensure bank liquidity.
Actual Reserves
The physical amount of a commodity or cash held as reserves in a financial institution or by an organization.
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