The interest rate the Fed charges on loans to depository institutions is known as
A) the federal funds rate.
B) the Fed loan rate.
C) the discount rate.
D) the interbank clearing rate.
C
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Robert got a new job and relocated to a different city. He initially decided to rent a small apartment close to his office
However, he decided to live in a much bigger and costlier apartment when he found out that his employer will pay him a house rent allowance. This is an example of ________. A) adverse selection B) moral hazard C) the prisoners' dilemma D) the free-rider problem
As GDP decreases during recessions, unemployment generally increases. Unemployment is therefore said to be procyclical
Indicate whether the statement is true or false
One of the earliest practitioners of an infant industry policy was
a. Brazil b. Ghana c. India d. The United States e. none of the above
Examples of discount bonds include
A) U.S. Treasury bills. B) corporate bonds. C) U.S. Treasury notes. D) municipal bonds.