Certain fraction of their deposits as reserves with the fed

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 _____ consist(s) of deposits at the Fed plus currency that is physically held by banks and _____ are regulations making it obligatory for depository institutions to keep a certain fraction of their deposits as reserves with the Fed.

Reserves; reserve requirement

Nominal anchor; price stability

Required reserves; excess reserves

Open market operations; discount window

Reference no: EM13890693

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