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 44 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
Wow, this really help

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

A purse made from a cane toad. A purse made from a cane toad.
C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
Cystostomy. An artificial opening is made through the urinary bladder wall during this procedure. As Cystostomy. An artificial opening is made through the urinary bladder wall during this procedure. As
The rate of global emissions is rising rapidly, especially in India and China The rate of global emissions is rising rapidly, especially in India and China
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
Video: Interpreting a cladogram Animation

For a complete list of videos, visit our video library