Examlex
Match the following terms to the appropriate definitions.
-Computer code that lies dormant until it is triggered by a specific logical event
Federal Funds Rate
The rate at which banks exchange federal funds (balances maintained at Federal Reserve Banks) among themselves for overnight loans.
Monetary Policy
Monetary policy involves the management of a country's money supply and interest rates by the central bank to influence economic growth, inflation, and employment levels.
Liquidity-Preference Model
An economic model that suggests the demand for money is primarily determined by interest rates, reflecting preferences for cash liquidity.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring financial stability.
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