Examlex
Which of the following BEST describes a repeater?
Small Denomination Time Deposits
Savings accounts or certificates of deposit in banks that have smaller balances and are subject to a specified time frame before withdrawal.
Large Denomination Time Deposits
High-value deposits in a bank with fixed terms, which typically offer higher interest rates than regular savings accounts.
M2
A measure of the money supply that includes cash, checking deposits, and easily convertible near-money instruments, such as savings deposits and money market securities.
Reserve Ratio
The fraction of depositors' balances that banks must have on hand as cash, a requirement set by central banking authorities.
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