Examlex
Information-processing theorists use a __________ as a model for human cognition.
Federal Reserve
The primary banking authority in the United States, tasked with setting monetary policy, supervising banking institutions, ensuring the stability of the financial system, and delivering financial services.
Bank Failures
The circumstance where a bank fails to meet its obligations to its depositors or creditors, leading to its insolvency or being shut down by regulatory agencies.
Excess Reserves
The reserves held by banks over and above the legally mandated minimum to meet potential withdrawals by customers.
Banking System
The network of institutions that accept deposits, provide loans, and offer various financial services to businesses and individuals.
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