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Author Question: Households ________ final goods and services in the ________ market. A) purchase; product B) ... (Read 136 times)

newyorker26

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on: Jun 29, 2018
Households ________ final goods and services in the ________ market.
 
  A) purchase; product B) purchase; factor C) sell; factor D) sell; product

Question 2

How is the federal funds rate determined in the market for reserves?
 
  What will be an ideal response?


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Natalie4ever

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

The federal funds rate is determined by equilibrium in the reserve markets. The federal funds rate is the rate that sets the quantity of reserves demanded equal to the quantity of reserves supplied.


newyorker26

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Dinolord

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

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