Examlex
The main source of competition law in Australia is the ________
Fractional Reserve
A banking system in which banks hold a fraction of the deposits as reserves, lending the rest to generate profit.
Reserves
Assets kept on hand by a bank or financial institution to meet emergency needs or regulatory requirements.
Transactions Demand
The demand for money for the purpose of carrying out transactions or day-to-day expenditures.
Medium Of Exchange
An intermediary instrument, such as currency or digital tokens, used to facilitate the sale, purchase, or trade of goods and services between parties.
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