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A(n) _____ is software that controls common computer hardware functions and provides a user interface and input/output management.
Treasury Bonds
Long-term government debt securities with a fixed interest rate, considered low-risk investments.
Required Reserves
The minimum amount of deposits that a bank must hold in reserve and not lend out, as mandated by central banking regulations.
Excess Reserves
The amount of reserves that banks hold beyond the required minimum to meet potential withdrawals by customers.
Liquid Asset
Assets that can be quickly and easily converted into cash without significant loss in value.
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