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    Economics Theory and Practice
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    Exam 8: Money Creation, Monetary Theory, and Monetary Policy
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    The Interest Rate That Banks Charge Other Banks for Borrowing
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The Interest Rate That Banks Charge Other Banks for Borrowing

Question 46

Question 46

Multiple Choice

The interest rate that banks charge other banks for borrowing excess reserves is the:


A) open market rate.
B) federal funds rate.
C) discount rate.
D) prime rate.

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