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If the average reserve ratio in the banking system is 25% and the Fed increases bank reserves by $20,000,then the change in the money supply will be equal to $100,000.
Psychoanalysis
A method of psychology founded by Sigmund Freud that focuses on unconscious mental processes and conflicts.
Inferior
Lower in rank, quality, or importance; often reflecting a comparative assessment.
Differentiate
To recognize or ascertain what makes something or someone different; often involves distinguishing or separating into categories based on characteristics or qualities.
Affiliate
To connect or associate with a larger organization, group, or cause, often to gain or offer support.
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