Click the Developer Tab, and in the Code Group, Click

question 61

True/False

Click the Developer tab, and in the Code group, click the Create Macros button to open the Macros dialog box.

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Definitions:

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum, often held in excess of reserve requirements set by central banking authorities.

Money Supply

The aggregate monetary value within an economy, including cash, coins, and all balances in checking and savings accounts, at a given moment.

Interest Rates

The cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal.

Equilibrium GDP

The level of Gross Domestic Product where the total output of an economy equals the total demand.