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The source of all wave motion is a
Reserve Requirement Ratio
The fraction of deposits that banks are required to keep on hand, either in cash or as deposits at a central bank, as a measure to ensure bank liquidity.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by regulatory authorities.
Total Checkable Deposits
represents the sum of all demand deposits and negotiable order of withdrawal (NOW) accounts in the banking system, which are available for immediate withdrawal and payment.
Depository Institutions Deregulation and Monetary Control Act
A United States federal law enacted in 1980 aimed at improving the efficiency of the financial institutions system and enhancing the control of the money supply.
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