Examlex
The impact cycle includes all the following processes except:
Checkable Deposits
Bank accounts that allow the account holder to write checks or use electronic debit to access funds, including both checking and demand deposit accounts.
Federal Reserve Notes
The physical banknotes issued by the Federal Reserve, serving as the national currency of the United States.
Paper Money
Currency issued by a government or central bank in the form of paper notes and used as legal tender for transactions.
Goldsmiths
Historically, craftsmen who made and traded gold items, but also pivotal in the development of banking as they stored and lent money.
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