Overnight loans from one bank to another for reserve purposes entail an interest rate called the:
A. prime rate.
B. discount rate.
C. federal funds rate.
D. treasury bill rate.
C. federal funds rate.
You might also like to view...
If the United Auto Workers union can obtain a substantial wage increase for auto workers, there will be a(n):
a. decrease in the supply of automobiles, which is a shift to the right of the supply curve. b. decrease in the supply of automobiles, which is a shift to the left of the supply curve. c. increase in the supply of automobiles, which is a shift to the right of the supply curve. d. increase in the supply of automobiles, which is a shift to the left of the supply curve.
Data on DVD sales for three different years can best be compared by using a
a. crystal ball b. bar graph c. psychic d. pie graph
In long-run equilibrium, a profit-maximizing firm in a monopolistically competitive industry produces the quantity of output where:
A. ATC = P, MR = MC < P. B. ATC < P, MR = MC = P. C. ATC < P, MR + MC < P. D. ATC = P, MR = MC = P.
Adding foreign financial assets to an investment portfolio raises the riskiness of the entire portfolio of investments.
Answer the following statement true (T) or false (F)