The federal funds market refers to the market where:
A) the Fed obtains loans of reserves from central banks of other nations.
B) the federal government borrows overnight funds from the Fed.
C) banks obtain loans of reserves from each other.
D) there are no predetermined rates of interest on loans and the highest bidding borrower gets the loan.
C
You might also like to view...
Compared to 1929, total output per person in the U.S. today is approximately ________ times larger.
A. 15 B. 2 C. 25 D. 5
The petition of the candlemakers to the sun was written by _________________.
Fill in the blank(s) with the appropriate word(s).
When the price of a soft drink from the campus vending machine was? $0.60 per? can, 100 cans were sold each day. After the price increased to? $0.75 per? can, sales dropped to 85 cans per day. Over this? range, the absolute price elasticity of demand for soft drinks was approximately equal to
A) 0.15.
B) 0.60.
C) 0.73.
D) 1.67.
The national debt is:
A. the difference between a nation's exports and imports of goods and services. B. the sum of the personal debt of all citizens in the United States. C. the cumulative effect of all past budget deficits and surpluses of the federal government. D. equal to the current size of the budget deficit.