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According to the Text, Aristotle May Have Gotten the Seminal

question 59

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According to the text, Aristotle may have gotten the seminal idea for the subject of logic while at Plato's Academy where he studied the many arguments for and against the various philosophies under consideration.


Definitions:

Excess Reserves

Funds that banks hold over and above the legal reserve requirements set by central banking authorities.

Reserve Requirement

This is a monetary policy tool used by central banks, specifying the minimum amount of reserves a bank must hold against its deposits. It influences how much money a bank can lend and thus helps control money supply and inflation.

Excess Reserves

The funds that commercial banks hold in their reserves over and above the regulatory requirement set by the central bank.

Reserve Ratio

The fraction of deposits that a bank is required to hold in reserve and not loan out, as mandated by central banking authorities.

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