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Two long,parallel bars carry equal currents in opposite directions.The magnetic fields due to these two currents cancel each other midway between the two bars.
Central Bank
An institution designed to oversee the banking system, regulate the quantity of money in the economy, and provide various financial services to the government.
Treasury Bonds
Long-term government debt securities with a fixed interest rate, considered low-risk investments.
Required Reserves
The minimum amount of deposits that a bank must hold in reserve and not lend out, as mandated by central banking regulations.
Excess Reserves
The amount of reserves that banks hold beyond the required minimum to meet potential withdrawals by customers.
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