Examlex
A special motherboard chip that executes instructions, performs math calculations, and coordinates input/output operations is called the
Required Reserve Ratio
The fraction of deposits that banks are required by law to keep on hand as reserves or with the central bank.
Discount Rate
The interest rate charged by central banks to commercial banks for loans.
Government Securities
Financial instruments issued by a government to raise funds from investors, promising to pay back with interest, including treasury bonds, bills, and notes considered low-risk investments.
Federal Reserve Board
The governing body of the Federal Reserve System, responsible for overseeing the U.S. central banking system.
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