The rate of interest charged by the Federal Reserve to member banks for reserves borrowed from the Fed is known as the:

a. repurchase rate.
b. discount rate.
c. Q-ceiling rate.
d. federal funds rate.


b

Economics

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If an industry is made up of five identical firms, the four-firm concentration ratio is

A) 5%. B) 20%. C) 80%. D) 100%.

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M1 includes savings accounts

a. True b. False Indicate whether the statement is true or false

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The New Deal legislation passed by President Roosevelt was inspired by

A. economic problems caused by World War I. B. normal business cycles. C. the Irish potato famine of 1927. D. the Great Depression

Economics

Penalties on sellers

What will be an ideal response?

Economics