Which of the following statements is FALSE?
A) The interest rates that banks offer on investments or charge on loans depend on the horizon of the investment or loan.
B) The Federal Reserve determines very short-term interest rates through its influence on the federal funds rate.
C) The interest rates that are quoted by banks and other financial institutions are nominal interest rates.
D) Fundamentally, interest rates are determined by the Federal Reserve.
Answer: D
You might also like to view...
Guest history and ______ are used together to enhance the guest experience by using past experiences to customize future experiences for a guest.
a. data warehousing applications b. data integration applications c. big data analytics d. big data storage
Which one of the following items is suitable for inclusion on the application blank?
A. Applicant's marital status B. Inclusive dates of previous employment C. Applicant's name changes D. Nature of applicant's military discharge
For flattery to work effectively, it is important to
A) use it sparingly. B) combine it with a sprinkling of criticism. C) include an element of credibility. D) tell the other person you will be using flattery.
Given a df1 = 3 and df2 = 6, what is the probability that F is greater than 4.3?
A) 0.0610 B) 0.1294 C) 0.05 D) 0.5 E) Not enough information provided