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The demand for Country Y's most important exportable product-electronic goods-is likely to double over the next 5 years.Which of the following is likely to happen in this case?
Actual Reserves
The total amount of funds or commodities a bank holds at a given time, including both required and excess reserves.
Required Reserves
The minimum amount of funds that a bank is required to hold in reserve against deposits made by customers, as mandated by regulatory authorities.
Required Reserve Ratio
The fraction of deposits that banks are required to keep on hand as reserves, either in cash or as deposits with a central bank.
Checkable Deposits
Deposits in financial institutions that can be withdrawn by writing a check or using a debit card.
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