The interest rate on unsecured loans between banks is called the
A) discount rate.
B) repurchase rate.
C) T-bill rate.
D) federal funds rate.
D
Economics
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According to this Application, lower oil prices should ________ aggregate ________
A) increase; demand B) not change; demand C) decrease; demand D) decrease; supply
Economics
A bank's reserves are
A) the minimum value of assets it must have. B) the amount of gold it is required to have as reserves against loans. C) the value of federal securities it is required to have as reserves against loans D) deposits that banks have accepted from customers but have not loaned out.
Economics