Examlex
Explain the principles of modernity seen in the art of the late nineteenth century.Use examples to support your essay.
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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