When U.S. banks borrow from one another, they must pay the

A) discount rate.
B) prime rate.
C) Fed funds rate.
D) Interbank Offer Rate.


C

Economics

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In terms of GDP, which of the following is an example of a final good?

a. rubber used to make automobile tires b. a tomato ready to be sold at a farmer’ s market c. tungsten mined to Utah d. oil drilled in the Gulf of Mexico

Economics

Corporate takeovers of a firm occur

A. when one firm’s market share for their product goes to zero. B. when a group acquires sufficient stock in a firm to take control of the firm’s operations. C. when a new chief executive officer replaces the previous chief executive. D. when a corporation issues new shares of stock.

Economics

Which of the following will create a demand for or a supply of currencies?

a. Trade in goods b. Trade in services c. Trade in financial instruments d. Any of the above.

Economics

The Nasdaq Composite Index is:

A. made up of over 50,000 firms traded on the Over-the-Counter market. B. the most broadly based index in use. C. a price-weighted index. D. made up of mainly newer firms, and heavily influenced by technology and internet companies.

Economics