Banks can lend their excess reserves to other banks in the:
A. Mutual funds market
B. Treasury funds market
C. Federal funds market
D. Bank funds market
C. Federal funds market
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Consumer spending accounts for nearly two-thirds percent of U.S. GDP.
Answer the following statement true (T) or false (F)
A government subsidy
A) is a policy that can be used to help eliminate the deadweight loss from an external cost. B) can help achieve an efficient amount of output when the good has an external benefit. C) increases consumers' marginal benefit from the good. D) Both answers A and C are correct. E) Both answers B and C are correct.
The debt service ratio is defined as
(a) the ratio of total debt to export earnings. (b) the ratio of total debt to GDP. (c) the ratio of payments on foreign debt to export earnings. (d) the ratio of payments on foreign debt to GDP.
An upward-sloping supply curve shows that
a. buyers are willing to pay more for a scarce product. b. suppliers are willing to increase production of their goods if they can receive higher prices for them. c. buyers are unaffected by sellers' costs of production. d. the price of a product is not influenced by the price buyers are willing to pay. e. at higher prices, an envy effect begins to affect the demand curve.