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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 79 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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Reply 2 on: Jun 30, 2018
Excellent

dreamfighter72

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

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