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You work at a retail store that uses a small database to track customers. Your supervisor asks you to perform a series of tasks with the database. The database contains one table with fields for Customer Name, City, and State.
Your supervisor wants a list of only those customers who live in the city of Bellview. How can you create this list?
Required Reserves
Funds that banks must hold in reserve and cannot lend out, either as cash in their vaults or as deposits with a central bank.
Excess Reserves
Excess reserves are the funds that banks hold over and above the required reserve ratio set by the central bank, representing additional liquidity that can be used for lending.
Checkable Deposits
Bank accounts against which checks can be drawn. These include checking accounts, demand deposits, and any other deposit accounts from which checks can be written.
Discount Rate
The interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility.
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