The Federal Funds Rate is ________. A) the rate charged on ...

[TVarnum]

The Federal Funds Rate is ________.
 
  A) the rate charged on overnight loans between banks
  B) the rate charged on corporate bank loans to healthy prime borrowers
  C) the rate charged on U.S. Treasury bonds by the Federal Reserve
  D) the rate charged on U.S securities with maturities of less than a year
  E) none of the above

Question 2

If a variable moves in the opposite direction from real GDP and other measures of aggregate economic activity, it is a ________ variable.
 
  A) procyclical
  B) countercyclical
  C) coincidental
  D) recessionary

[ghepp]

Answer to Question 1

A

Answer to Question 2

B

[TVarnum]

Thanks for the timely response, appreciate it

[robbielu01]

Excellent