The Federal Funds Rate Is ________

Multiple Choice

The Federal Funds Rate is ________.

A) the rate charged on overnight loans of deposits (held by the Federal Reserve) between banks
B) the rate charged on corporate bank loans to healthy "prime" borrowers
C) the rate charged on U.S. Treasury bonds by the Federal Reserve
D) the rate charged on U.S securities with maturities of less than a year
E) none of the above