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Author Question: The market in which banks make loans of reserves for terms of over one year is called the federal ... (Read 66 times)

jrubin

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on: Jun 30, 2018
The market in which banks make loans of reserves for terms of over one year is called the federal funds market.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Banks that wish to borrow required reserves can turn to the federal funds market.
 a. True
  b. False
  Indicate whether the statement is true or false


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frejo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


jrubin

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  • Posts: 552
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

aliotak

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  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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