Examlex
If the required reserve ratio is 20 percent and the Fed buys a $10,000 security from a depository institution that currently has no excess reserves,what happens to the money supply,using the simple multiplier?
Diplomatic Weapon
The use of diplomatic measures such as negotiations, treaties, sanctions, and alliances as tools to influence or pressure other nations to achieve foreign policy objectives.
Presidents Jefferson
Thomas Jefferson, the third President of the United States, served from 1801 to 1809, known for his role in drafting the Declaration of Independence and the Louisiana Purchase.
Constitutional Point
A constitutional point refers to a legal question or interpretation that pertains to the constitution of a country, often involving issues of individual rights, government powers, and the interpretation and application of constitutional law.
Protective Tariff
A tariff imposed on imports to protect domestic industries from foreign competition by increasing the cost of imported goods.
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