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During a four-hour heart bypass operation, a surgical instrument was inadvertently left in the chest of the patient. A second operation, lasting less than one hour, was later performed without charge. The negligence in the first operation could be established in court by the presumption known as
Inflation
The pace at which prices for goods and services broadly ascend, causing the value of money to decrease.
Federal Reserve System
The central banking system of the United States, responsible for regulating the national money supply and ensuring financial stability.
Banking Acts
Laws regulating the operation of banks, aiming to ensure stability and confidence in the financial system.
Financial Crisis
A situation where financial assets suddenly lose a large part of their nominal value, impacting financial institutions and economies.
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