The interest percent charged by the Fed on loans to depository institutions is knows as the
A. discount rate.
B. prime rate.
C. federal funds rate.
D. commercial paper rate.
A. discount rate.
You might also like to view...
A decrease in aggregate demand in the Classical model leads to
A) lower prices and lower output. B) lower prices and higher output. C) lower prices and unchanged output. D) unchanged prices and output.
At a low wage rate,
a. there is no substitution effect b. there is no income effect c. the substitution effect usually outweighs the income effect d. the income effect usually outweighs the substitution effect e. the disutility of market work is usually high
One of the important points of criticism of industrial policy is that: a. it can lead to stiff competition among the domestic firms in an economy. b. small domestic firms will not be able to survive economic clustering
c. government sponsored research will end up benefitting foreign countries. d. it can prohibit regional innovations. e. the knowhow in one firm will not spill over to other firms in an economy.
When you deposit $200 in your savings account with the objective of withdrawing it later to buy a video game that is about to be offered in the market in the near future, then the $200 is serving which function?
A. Store of wealth B. Medium of exchange C. Store of real assets D. Unit of account