Examlex
________ refers to Internet-based communication to support day-to-day business activities.
Fed
Short for the Federal Reserve System, which is the central banking system of the United States responsible for monetary policy.
Government Securities
Debt instruments issued by a government to finance its expenditures, offering a return to investors.
Simple Money Multiplier
The reciprocal of the required reserve ratio, or 1/r; the maximum multiple of fresh reserves by which the money supply can increase.
Required Reserve Ratio
The fraction of deposits that banks are required to hold in reserve, either in their vaults or with the central bank, not to be used for loans.
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