Examlex
One of the disadvantages associated with radio as an advertising medium is that it
Time Deposits
Banking or financial products that require the depositor to leave funds untouched for a pre-specified period of time in exchange for a higher interest rate.
Money Multiplier
The ratio of the change in the total money supply to the change in the monetary base, indicating how an initial deposit can lead to a greater final increase in the total money supply.
Reserve Banking
A banking system in which banks hold a fraction of their deposits as reserves, enabling them to meet withdrawal demands and extend credits.
Create Money
The process by which the central bank of a country (or other monetary authority) increases the money supply, often leading to the production of physical money or the creation of digital currency units.
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