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_________________________ write or code programs.
U.S. Government Securities
Financial instruments issued by the U.S. Department of the Treasury, including bonds, notes, and bills, used to fund federal government activities.
Excess Reserves
Funds held by banks over and above the legally mandated reserve requirement.
Required Reserves
The minimum amount of funds that a bank is required by regulation to hold in reserve against deposits made by customers.
Total Reserves
The amount of funds that a bank or financial institution has in its vault or with the central bank, available to meet any withdrawal or payment demands.
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