The interest rate in the market for loans of reserves between banks is the
A. three-month Treasury bill rate.
B. reserve ratio.
C. discount rate.
D. federal funds rate.
Answer: D
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Only 20 percent of the Fortune 500 companies are incorporated in Delaware
Indicate whether the statement is true or false
You have just put $5,000 into an investment that offers a 10% annual yield, with interest compounded annually. Your total interest earned after two years will be
A) $550. B) $1,000. C) $1,050. D) $1,100.
Managers who are responsible for developing an organization’s mission statement are:
a. middle managers b. first-line managers c. department managers d. executive managers e. democratic managers
Oral contracts are
a. unenforceable in court. b. easier to prove than written contracts. c. harder to prove than written contracts. d. illegal in some states.