Author Question: The market in which banks make loans of reserves for terms of over one year is called the federal ... (Read 67 times)

jrubin · **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