The interest rate on loans made by banks in the market in which they lend and borrow reserves from each other for very short periods of time is known as the:
a. discount rate.
b. legal reserve rate.
c. federal funds rate.
d. open market rate.
e. margin rate.
c
Economics
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If national laws protecting the health and safety of workers completely eliminate any and all risk, then
A) more people would be employed. B) workers in risky occupations become better off. C) compensating differentials would grow because workers could not be compensated by being given lower risk jobs. D) compensating wage differentials disappear and workers in risky occupations may be no better off.
Economics
Over the past two decades the U.S. has persistently had trade deficits
a. True b. False Indicate whether the statement is true or false
Economics