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One of your co-workers continues to send lengthy, disorganized, and all together confusing emails. What advice would you give your co-worker for composing a CLEAR e-mail message?
Checkable Deposits
Checkable deposits are bank account balances that depositors can easily withdraw or write checks against at any time, constituting a primary medium of exchange for personal and business transactions.
Required Reserve Ratio
The proportion of depositors' balances banks must have on hand as cash, mandated by the central bank.
Excess Reserves
The reserves held by banks that are greater than the minimum amounts required by regulators, which can be lent out or invested.
Checkable Deposits
Bank account balances that can be withdrawn on demand using checks or electronic methods.
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