Examlex
Which of the following statements would NOT be characteristic of the authoritarian belief system?
Create Money
The process by which the central bank of a country (or other monetary authority) increases the money supply, often leading to the production of physical money or the creation of digital currency units.
Reserve Ratio
The fraction of depositors' balances that banks must have on hand as cash, a regulation enforced by central banking authorities.
Reserves
Funds or materials set aside or saved for future use or to cover unforeseen expenses; in banking, it refers to the fraction of deposits that a bank keeps in hand to ensure liquidity.
Deposits
Funds placed into an account at a financial institution for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.
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