Examlex
Punishments employed often have a number of negative effects. Which of the following is one of these effects?
Excess Reserves
The amount of reserves that a bank holds beyond the minimum required by regulation or central bank policy, which can be loaned out to generate profit.
Federal Reserve
The Federal Reserve, often referred to as the Fed, is the central banking system of the United States, responsible for setting monetary policy, regulating banks, maintaining financial stability, and providing banking services to government institutions.
Federal Reserve District Banks
The 12 regional banks of the Federal Reserve System in the United States, each responsible for implementing the central bank's monetary policy within its specific district.
Federal Reserve Board
The governing body of the Federal Reserve System, responsible for overseeing U.S. monetary policy and financial institutions.
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