Examlex
Albrecht Dürer
Multiplier Effect
The proportional amount of increase in final income that results from an injection of spending.
Reserve Requirement
The minimum amount of reserves that banks must hold against deposits, as mandated by central banking authorities to ensure bank liquidity.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, financial regulation, and stability.
Excess Reserve
Funds that banks hold over and above the required minimum reserves mandated by central banking authorities.
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