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    Money Banking and Financial Markets
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    Exam 15: Tools of Monetary Policy
  5. Question
    The Interest Rate on Seasonal Credit Equals
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The Interest Rate on Seasonal Credit Equals

Question 15

Question 15

Multiple Choice

The interest rate on seasonal credit equals


A) the federal funds rate.
B) the primary credit rate.
C) the secondary credit rate.
D) an average of the federal funds rate and rates on certificates of deposits.

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