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Author Question: The interest rate that commercial banks charge each other for borrowing and lending reserves is called (Read 138 times)

09madisonrousseau09

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on: Apr 19, 2019

Question 1

The treasury bill rate is the interest rate paid


◦ on government securities that mature in less than a year.
◦ on government securities that mature in 5 years.
◦ on government securities that mature in 10 years.
◦ on government securities that mature in 30 years.

Question 2

The interest rate that commercial banks charge each other for borrowing and lending reserves is called


◦ the commercial rate.
◦ the price interest rate.
◦ the federal funds rate.
◦ the discount rate.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by 09madisonrousseau09 on Apr 19, 2019

cassie_ragen

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Reply #1 on: Apr 19, 2019
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09madisonrousseau09

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Reply #2 on: Apr 19, 2019
Excellent


cassie_ragen

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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