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What Are Reserves? Discuss the Various Types of Reserves Used

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What are reserves? Discuss the various types of reserves used in the U.S. banking system.


Definitions:

Ethnomethodologists

Researchers who study how people make sense of their everyday world, focusing on the methods and practices through which social order is produced.

Pre-existing

Existing before a specified time or event.

Shared Understandings

The common beliefs, values, or norms that are accepted and recognized within a group or society, facilitating communication and cooperative action.

Status Cues

Indicators or signals that suggest or convey an individual's or group's social standing, prestige, or rank within a society.

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