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Recently, Microsoft outsourced much of its internal information technology services to Infosys Technology to save money and to streamline, simplify, and support its services.
Interest Rate
The part of a loan that is added as interest for the borrower, normally expressed as an annual percentage of the existing loan balance.
Reserve Ratio
The reserve ratio is the fraction of total deposits that a bank is required to hold in reserve and not loan out, acting as a regulatory tool to ensure the stability of the banking system.
Bank Reserves
Funds that banks hold to meet immediate withdrawal demands and regulatory requirements.
Money Supply
The total amount of money—coins, currency, and bank deposits—circulating in an economy.
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