Examlex

Solved

A Limit Imposed on the Volume of Total Imports of a Particular

question 101

Multiple Choice

A limit imposed on the volume of total imports of a particular good is known as a(n)


Definitions:

Federal Funds Market

A financial market that allows banks to borrow or lend reserves overnight to meet reserve requirements.

Excess Reserves

Assets retained by banks exceeding the compulsory minimum reserves stipulated by central bank regulations.

Deposits

Money placed into a financial institution for safekeeping, which can earn interest over time depending on the type of account.

Reserves

Assets kept on hand by a bank, company, or government to meet future liabilities, emergencies, or regulatory requirements.

Related Questions