Examlex
Which of the following terms refers to the foot?
Federal Reserve
The central bank of the United States, responsible for monetary policy, regulating banks, maintaining financial stability, and providing financial services.
Reserve Ratio
The fraction of depositors' balances that banks must have on hand as cash, a regulation set by central banks to ensure liquidity.
Vault Cash
The physical currency that a bank holds in its vault and automatic teller machines (ATMs) as a part of its reserves.
Required Reserve Ratio
The fraction of deposits that regulators require a bank to hold in reserve and not lend out.
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