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If the quantity of money supplied exceeds the quantity of money demanded,
Goldsmiths
Historically, craftsmen who made and traded gold items, but also pivotal in the development of banking as they stored and lent money.
Gold Standard
An economic system where a fixed amount of gold serves as the standard unit of currency.
Branch Banking
Refers to a banking system where a single bank operates multiple outlets or branches, providing a range of banking services in different locations.
Banking Laws
Legislation that governs the operation of banks and other financial institutions, including regulations on lending, deposit taking, and investments.
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