The federal funds market is the market for
a. loans from the federal government.
b. loans from the Federal Reserve.
c. government borrowing and lending.
d. interbank lending.
e. all of the above.
D
Economics
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If a bank keeps some of its excess reserves, the money multiplier:
a. increases. b. stays the same. c. goes to zero. d. decreases. e. increases, then decreases.
Economics
The Reserve Banks of the Federal Reserve System are owned by:
A. the U.S. Treasury. B. the Board of Governors. C. the commercial banks in their districts. D. the taxpayers in their districts.
Economics