Solved

Federal Funds Market Rate Is

Question 71

Multiple Choice

Federal funds market rate is:


A) the rate at which central bank provides funds to commercial banks.
B) the rate charged by banks on loans to the public.
C) the rate charged on loans provided to meet reserve requirement.
D) lower than the discount rate.

Correct Answer:

verifed

Verified

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

Related Questions