Deposits of commercial banks at the federal reserve bank are called bankers from FINS.
Federal funds, often referred to as federal funds are excess reserves that commercial banks and other financial institutions deposit with regional Federal Reserve banks. These funds can be lent to other market participants who do not have sufficient cash on hand to meet their borrowing and reserve needs.
Commercial banks are often referred to as full-service banks because they offer a wide range of financial services, including checking and savings accounts, personal and business loans, and other services.
The Reserve Bank often called the 'banker's bank', stores money and coins and processes checks and electronic payments. The Reserve Bank also oversees commercial banks in the region.
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Answer:
When the Italian explorer Christopher Columbus inadvertently discovered the Americas, it became known as the New World.
In a series of activities which were mostly commercial in nature for the benefit of Europe, crops (such as sugar, tobacco, chocolate, and potatoes), animals (such as horses), European culture, human populations (both slaves and colonial masters), technology, diseases, and new ways of doing things were exchanged between the "New World" and the "Old World"
In order to make for smooth colonial administration between the African leaders and the Colonial masters, African leaders were bribed with textiles, rum and manufactured goods from Europe.
Slaves were transported from Africa to the Americas to work on plantations of sugar , tobacco and cotton which were then transported to Europe.
This trade is what came to be referred to as the Columbian Exchange.
Europe is said to have benefited more from the Colombian Trade, as there has been a huge shift of resources to Europe , especially gold and silver from the New World and other regions.
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A galaxy I think but that seems to simple ?
The similarities between Hamilton and Jefferson are not many as both men had very different ideas for the United States
