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Explain the functions and rules regarding filibuster, cloture, and reconciliation.
Tight Monetary Policy
A central bank strategy aiming to slow economic growth by increasing interest rates and reducing the quantity of money in circulation.
Net Exports
The value of a country's total exports minus the value of its total imports, representing the trade balance.
Legal Reserve Requirement
A regulation set by central banks determining the minimum amount of reserves that must be held by a financial institution, usually a percentage of deposits.
Federal Funds Rate
The interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.
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