Examlex
In the U.S. by 2015, Internet retailing is expected to total just over ________ billion-not counting travel and other services.
Monetary Policy Weapon
Tools used by central banks to control the supply of money in the economy, influencing interest rates and inflation.
Legal Reserve Requirement
The minimum amount of reserves that banks are required to hold against deposits, as mandated by central banks.
Excess Reserves
Funds that banks hold over and above the required minimum by the central bank to cover depositor withdrawals.
Open Market Operations
Actions undertaken by a central bank, such as buying or selling government securities, to control the money supply and interest rates.
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