The interest rate on unsecured loans between banks is called the
A) discount rate.
B) repurchase rate.
C) T-bill rate.
D) federal funds rate.
D
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Describe the facts found in the bond market about the relationship between interest rates on bonds of different maturities
What will be an ideal response?
The sum of past federal deficits is reflected in the federal:
a. cyclical debt. b. Congressional debt. c. national debt. d. GDP debt.
Core inflation
a. excludes expensive purchases, such as housing and cars. b. is the main inflation rate. c. excludes volatile prices, such as food and energy. d. only includes volatile prices, such as food and energy.
Which scenario best illustrates a Gini coefficient equal to one?
a. People earn the same income. b. John receives a wage of $1 per hour. c. The king ends up with all the nation's income. d. There is a one-to-one ratio of income to population. e. 100 percent of the income is held by 100 percent of the population.