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10,000 respondents were asked the following question. If the election for U.S. Senate were being held today, for whom would you vote? Use the bar graph below to answer the questions that follow. What percent of the voters favored Jones in January? In which month was the undecided vote the greatest? In which month was Jones s lead the greatest?
Required Reserve Ratio
Percentage of deposits that must be held as vault cash and reserve deposits by all depository institutions.
Monetary Multiplier
A factor by which a change in money supply is magnified or multiplied to result in a change in national income and output.
Actual Reserves
The total amount of funds that a bank has in its vault or deposited with the central bank, available to meet withdrawal demands or regulatory requirements.
Federal Reserve Banks
The regional banks of the Federal Reserve System, the central bank of the United States, which regulate and serve banks, execute monetary policy, and provide financial services.
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