Examlex
All of the following statements about self-determination are true EXCEPT
M1
M1 is a category of the money supply that includes all physical money such as coins and currency, as well as demand deposits and other liquid assets held by the central bank.
Reserve Ratio
The portion of depositors' balances that banks must have on hand as cash.
Outstanding Loans
The total amount of borrowed funds that are still owed by the borrower to the lender, including both principal and interest.
Fiscal Policy
Governmental adjustments to its spending levels and tax rates to monitor and influence a nation's economy.
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