The federal funds rate is:
A. higher than both the prime interest rate and the discount rate.
B. lower than both the prime interest rate and the discount rate.
C. higher than the prime interest rate but lower than the discount rate.
D. lower than the prime interest rate but higher than the discount rate.
B. lower than both the prime interest rate and the discount rate
Economics
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Discuss how remittances can help reduce poverty and meet other development objectives in recipient nations?
What will be an ideal response?
Economics
If you purchased shares of common stock in 1990 for $1,000 and sold them for $2,000 in 2001 you would be liable for taxes on
A. $2,000. B. $1,000 less the rate of inflation. C. $1,000. D. $2,000 less the rate of inflation.
Economics