The ________ Data Type Should Be Applied to Fields That

question 55

Short Answer

The ________ data type should be applied to fields that contain a combination of characters and will be 255 characters or less.

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Definitions:

Fed

Short for the Federal Reserve System, which is the central banking system of the United States responsible for monetary policy.

Government Securities

Debt instruments issued by a government to finance its expenditures, offering a return to investors.

Simple Money Multiplier

The reciprocal of the required reserve ratio, or 1/r; the maximum multiple of fresh reserves by which the money supply can increase.

Required Reserve Ratio

The fraction of deposits that banks are required to hold in reserve, either in their vaults or with the central bank, not to be used for loans.