A locality is a human settlement: city, town, village, or even archaeological site. A place's absolute location is its exact place on Earth, often given in terms of latitude and longitude. For example, the Empire State Building is located at 40.7 degrees north (latitude), 74 degrees west (longitude)
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If, the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.
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Buddhism—some Buddhism, anyway—is a practice of contemplation and inquiry that doesn't depend on belief in God or a soul or anything supernatural. Therefore, the theory goes, it can't be a religion.
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Federalists
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the feds believed in state power rather that a strong central govt.