The interest rate charged on overnight loans of reserves between banks is the
A) prime rate.
B) discount rate.
C) federal funds rate.
D) Treasury bill rate.
C
Economics
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A foreign exchange option is: ยท
a. the right to engage in buying or selling on the spot market. b. the right to purchase or sell foreign currency at a specified price on a specified date in the future. c. when the price of foreign currency exceeds the spot rate. d. when a speculator must decide whether to move into the market.
Economics
The Taylor rule says that the fed funds rate target is a function of all of the following, except
A) the actual inflation rate. B) the target inflation rate. C) the percentage difference between actual and potential real GDP. D) the level of borrowed reserves.
Economics