Examlex
What are totems?
Excess Reserves
The amount of reserves held by banks over and above the regulatory requirements, indicating extra liquidity.
Money Supply
The collective amount of cash, coins, and checking and savings account balances representing monetary assets in an economy at a given time.
Federal Reserve
The central banking system of the United States, responsible for setting monetary policy, issuing currency, and regulating banks.
Create Money
The process by which the money supply of a country is increased, usually by the actions of its central bank or government through mechanisms like printing currency or credit creation.
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