Different banks:

A. may offer loans at different rates.
B. all offer loans at the same interest rate.
C. are mandated to follow the Fed's set interest rate.
D. never offer loans at exactly the same rates.


A. may offer loans at different rates.

Economics

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Please discuss the difference between the terms devaluation and depreciation

What will be an ideal response?

Economics

Assume the central bank decides to lower the bank's reserve requirements. Where and how should you begin your analysis when analyzing the chain reaction of economic interactions?

a. Start the analysis in the real goods market with aggregate demand shifting to the left. b. Start the analysis in the real goods market with aggregate demand shifting to the right. c. Start the analysis in the real credit market with demand for real credit shifting to the left. d. Start the analysis in the real credit market with demand for real credit shifting to the right. e. Start the analysis in the real credit market with supply of real credit shifting to the right.

Economics

If more firms chose to pay efficiency wages, which of the following would shift to the right?

a. both the long-run Phillips curve and the long-run aggregate supply curve b. the long-run Phillips curve but not the long-run aggregate supply curve c. the long-run aggregate supply curve but not the long-run Phillips curve d. neither the long-run Phillips curve nor the long-run aggregate supply curve

Economics

3 things that can cause macro failure:

What will be an ideal response?

Economics