Like the ETI It Replaced,DPAD Is Intended to Encourage U

question 70

True/False

Like the ETI it replaced,DPAD is intended to encourage U.S.exports to foreign countries.

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Definitions:

Checkable Deposits

Bank account balances that can be accessed using checks, debit cards, or electronic transfers and are very liquid.

Required Reserve Ratio

The fraction of deposits that banks are mandated by regulation to hold in reserve and not lend out.

Excess Reserves

The banks' reserves over and above the required minimum that they choose to hold rather than loan out.

Depositors

People or organizations that deposit their funds into a bank to secure them and gain interest as time passes.