This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The interest rate on loans made by banks in the market in which they lend and borrow reserves from ... (Read 88 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The interest rate on loans made by banks in the market in which they lend and borrow reserves from each other for very short periods of time is known as the:
 a. discount rate.
  b. legal reserve rate.
  c. federal funds rate.
  d. open market rate.
  e. margin rate.

Question 2

The federal funds rate is the interest rate charged by:
 a. banks for loans to other banks.
  b. the Fed for overnight loans.
  c. the Fed for borrowed reserves.
  d. the federal government on loans to member banks.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


EY67

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we An aryballe vase or decanter made for carrying body oils clearly demonstrates that ancient Greeks we
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ... Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ... Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library