menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Essentials Study Set 3
  4. Exam
    Exam 14: Money and Banking
  5. Question
    The Prime Rate of Interest Is the Rate Charged
Solved

The Prime Rate of Interest Is the Rate Charged

Question 190

Question 190

Multiple Choice

The prime rate of interest is the rate charged


A) on time deposits.
B) on consumer installment loans.
C) to major business customers.
D) on mortgages.
E) to the most risky borrowers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q74: The M-2 money supply includes everything that

Q185: Which of the following provides cooperative savings

Q187: Suppose that, as a small business, you

Q188: What does it mean when we say

Q189: Describe the kinds of businesses that make

Q191: Describe the functions of the Bank of

Q192: What is a letter of credit?

Q193: The M-1 money supply account measures only

Q194: Sally opened a small boutique. Unfortunately, she

Q195: The interest rate available to a bank's

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines