The cost of borrowing money is directly linked to the interest rate a bank's best customers receive on short-term loans, or the __________

a. the federal funds rate
b. the prime rate
c. the fixed rate
d. the adjustable rate


Answer: b

Political Science

You might also like to view...

According to the constitution, the National Assembly can be made to vote for or against the government's draft of a bill as a whole, without amendments, in what is known as what type of vote?

a. Whole b. Bloc c. Original d. Total e. Free

Political Science

What accounts for differences in interest groups' influence? Does it matter that not all groups have the same amount of influence?

What will be an ideal response?

Political Science

Samuel Huntington's clash of civilizations thesis holds that the greatest source of conflict now and in the future will be

A. over differences in cultural and religious identity. B. over differences in how to structure the global economy. C. between communism and capitalism. D. between Asia and the West. E. over differences in how to deal with climate change.

Political Science

Discuss the assertion that “paradoxically, state governments have grown because of, rather than despite, nationalization.”

What will be an ideal response?

Political Science