The prime interest rate is the
A) interest rate on six-month U.S. Treasury bills.
B) discount rate.
C) Federal funds rate.
D) interest rate that banks charge high-quality borrowers.
D
Economics
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The figure shows the market for college education. The efficient number of students is
A) less than 4 million. B) more than 4 million and less than 8 million. C) 4 million. D) 8 million. E) more than 8 million.
Economics
The greater the interest rate
A. the greater the opportunity cost of another dollar of current consumption. B. the greater the present value of a sum to be received a year in the future. C. the lower the discount rate. D. the less a dollar invested today will be worth a year from now.
Economics