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Imagine that you have used the universal crosshatching symbol rather than the standard material section-lining symbol on a drawing. What should you do?
Excess Reserves
Assets retained by banks exceeding the compulsory minimum reserves stipulated by central bank regulations.
Deposits
Money placed into a financial institution for safekeeping, which can earn interest over time depending on the type of account.
Reserves
Assets kept on hand by a bank, company, or government to meet future liabilities, emergencies, or regulatory requirements.
Easy Money Policy
A monetary policy that increases the money supply and lowers interest rates, aimed at stimulating economic growth.
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