Examlex
Which of the following statements is false?
Reserve Ratio
The fraction of depositors' balances banks must have on hand as cash, a regulatory requirement determined by central banks to ensure the stability and liquidity of the banking system.
Monetary Policy
The process by which a central bank controls the supply of money in the economy, primarily through interest rates.
Federal Reserve District Banks
The 12 regional banks in the Federal Reserve System, each serving a specific geographic area of the United States, responsible for implementing the country's monetary policies.
Recessions
A phase of limited economic decrease, with trade and industry activity lowering, usually identified by a decrease in GDP in two adjacent quarters.
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