Examlex
The study of the choices made by individuals is part of the definition of
Policy
A course or principle of action adopted or proposed by an organization or individual.
Board of Governors
A governing body or executive committee that oversees the policy-making, management, and proper conduct of an organization, institution, or central bank.
New York Federal Reserve
One of the 12 Federal Reserve Banks of the United States, it plays a key role in monetary policy, financial supervision, and the payment system.
Interest On Reserves
The rate paid by central banks to financial institutions on the excess reserves they hold at the central bank.
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