Examlex
The environmental theory explains police corruption by suggesting it is the result of a small number of corrupt officers who probably had character defects prior to being hired.
Easily Divisible
Characteristic of a good or asset that can be divided into smaller parts without losing its value proportionately.
Backed by Gold
A financial system or currency that has its value directly linked to gold reserves, ensuring its stability and security.
Federal Open Market Committee
The branch of the Federal Reserve System responsible for overseeing the nation's open market operations and managing the money supply and interest rates.
Reserve Requirements
Regulations set by central banks determining the minimum amount of reserves that banks must hold against deposits.
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